2015 TND to BIF Historical Review

YEARLY HIGH

836.6987 BIF

YEARLY LOW

750.6065 BIF

YEARLY AVERAGE

798.9039 BIF

2015 TND to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the TND to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 836.6987. Conversely, the yearly low was recorded on November 30, dropping to 750.6065.

This high-to-low spread represents a total annual volatility of 86.0922 BIF. From a start-to-finish perspective, comparing the January average rate of 820.9162 to the December average rate of 767.5229, the exchange rate registered a net change of -6.50% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 836.6987 was down 15.66% compared to the 2014 peak of 991.9964, 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 4,183,493 BIF

2014 Average 4,582,521 BIF

Yearly Trough Low 3,753,033 BIF

Transaction Impact: A difference of 430,460.78 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

826.5030

759.4613

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 808.9249, compared to 788.8829 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 20.0420 points.

H1 Avg (Jan–Jun) 808.9249

H2 Avg (Jul–Dec) 788.8829

Volatility Range Comparison

Volatility

The most volatile month in 2015 was July, with a trading range of 45.9049 BIF (High: 835.6619 / Low: 789.7570). On the other end, September was the most stable month, with a tight range of 16.5404 BIF (High: 803.1583 / Low: 786.6179).

July Spread (Volatile) ±45.9049

September Spread (Stable) ±16.5404

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 26.9670 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -26.9670

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2015: 820.9162) against the same month in 2014 (average: 942.4696), the exchange rate shifted by -121.5534 (-12.90%).

2015 Avg (January) 820.9162

2014 Avg (January) 942.4696

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	836.6987	803.5953	820.9162
February	821.1275	801.6101	812.4369
March	810.9099	783.8248	800.2349
April	822.2677	784.7687	801.3347
May	828.2737	791.8419	811.2657
June	823.5955	797.0117	807.3611
July	835.6619	789.7570	818.8330
August	816.6360	783.6864	795.4294
September	803.1583	786.6179	794.4487
October	804.6719	781.4889	792.0152
November	784.0810	750.6065	765.0482
December	775.6824	753.7568	767.5229