2012 TND to BIF Historical Review

YEARLY HIGH

996.2318 BIF

YEARLY LOW

841.2342 BIF

YEARLY AVERAGE

898.2128 BIF

2012 TND to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the TND to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 996.2318. Conversely, the yearly low was recorded on April 8, dropping to 841.2342.

This high-to-low spread represents a total annual volatility of 154.9976 BIF. From a start-to-finish perspective, comparing the January average rate of 858.5280 to the December average rate of 976.5995, the exchange rate registered a net change of 13.75% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2012 high of 996.2318 was up 8.90% compared to the 2011 peak of 914.7779, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 TND based on timing:

Yearly Peak High 4,981,159 BIF

2011 Average 4,301,605 BIF

Yearly Trough Low 4,206,171 BIF

Transaction Impact: A difference of 774,987.95 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

988.4067

846.7209

JanuMarcMayJulySeptNove

TND to BIF Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 868.2520, compared to 928.1735 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 59.9214 points.

H1 Avg (Jan–Jun) 868.2520

H2 Avg (Jul–Dec) 928.1735

Volatility Range Comparison

Volatility

The most volatile month in 2012 was April, with a trading range of 57.2247 BIF (High: 898.4589 / Low: 841.2342). On the other end, February was the most stable month, with a tight range of 17.0083 BIF (High: 873.5557 / Low: 856.5474).

April Spread (Volatile) ±57.2247

February Spread (Stable) ±17.0083

Growth Streaks & Declines

Trends

Between June and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 6.7921 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -6.7921

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2012: 976.5995) against the same month in 2011 (average: 869.1017), the exchange rate shifted by +107.4978 (+12.37%).

2012 Avg (December) 976.5995

2011 Avg (December) 869.1017

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	881.4042	841.3861	858.5280
February	873.5557	856.5474	866.6338
March	868.7955	849.7574	859.8418
April	898.4589	841.2342	862.9190
May	900.5086	863.4948	883.6218
June	896.4887	865.2236	877.9679
July	896.8003	863.7868	881.4908
August	903.0052	884.3241	895.7472
September	947.0040	900.2493	924.1757
October	952.7111	929.7944	946.7284
November	966.5015	924.2168	944.2993
December	996.2318	950.8264	976.5995