2011 TND to BND Historical Review

YEARLY HIGH

0.9226 BND

YEARLY LOW

0.8636 BND

YEARLY AVERAGE

0.8935 BND

2011 TND to BND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the TND to BND exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 0.9226. Conversely, the yearly low was recorded on September 7, dropping to 0.8636.

This high-to-low spread represents a total annual volatility of 0.0590 BND. From a start-to-finish perspective, comparing the January average rate of 0.8973 to the December average rate of 0.8737, the exchange rate registered a net change of -2.63% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.9226 was down 13.87% compared to the 2010 peak of 1.0712, 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 4,613 BND

2010 Average 4,768 BND

Yearly Trough Low 4,318 BND

Transaction Impact: A difference of 295.06 BND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.9145

0.8700

JanuMarcMayJulySeptNove

TND to BND 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 0.9029, compared to 0.8842 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0188 points.

H1 Avg (Jan–Jun) 0.9029

H2 Avg (Jul–Dec) 0.8842

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 0.0318 BND (High: 0.8954 / Low: 0.8636). On the other end, February was the most stable month, with a tight range of 0.0111 BND (High: 0.9064 / Low: 0.8953).

September Spread (Volatile) ±0.0318

February Spread (Stable) ±0.0111

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0176 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0176

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2011: 0.9099) against the same month in 2010 (average: 1.0055), the exchange rate shifted by -0.0956 (-9.51%).

2011 Avg (March) 0.9099

2010 Avg (March) 1.0055

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9107	0.8814	0.8973
February	0.9064	0.8953	0.9004
March	0.9226	0.9025	0.9099
April	0.9199	0.9040	0.9108
May	0.9162	0.8893	0.8986
June	0.9101	0.8936	0.9006
July	0.9007	0.8738	0.8830
August	0.8886	0.8728	0.8802
September	0.8954	0.8636	0.8789
October	0.9085	0.8817	0.8983
November	0.9002	0.8780	0.8907
December	0.8801	0.8664	0.8737