2014 TND to BOB Historical Review

YEARLY HIGH

4.4058 BOB

YEARLY LOW

3.6987 BOB

YEARLY AVERAGE

4.0825 BOB

2014 TND to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the TND to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on March 10, valuing the pair at 4.4058. Conversely, the yearly low was recorded on December 22, dropping to 3.6987.

This high-to-low spread represents a total annual volatility of 0.7070 BOB. From a start-to-finish perspective, comparing the January average rate of 4.2061 to the December average rate of 3.7220, the exchange rate registered a net change of -11.51% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 4.4058 was down 3.07% compared to the 2013 peak of 4.5454, 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 22,029 BOB

2013 Average 21,383 BOB

Yearly Trough Low 18,494 BOB

Transaction Impact: A difference of 3,535.24 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

4.4494

3.6558

JanuMarcMayJulySeptNove

TND to BOB 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 4.2854, compared to 3.8795 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4059 points.

H1 Avg (Jan–Jun) 4.2854

H2 Avg (Jul–Dec) 3.8795

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.1481 BOB (High: 4.3092 / Low: 4.1611). On the other end, March was the most stable month, with a tight range of 0.0433 BOB (High: 4.4058 / Low: 4.3625).

January Spread (Volatile) ±0.1481

March Spread (Stable) ±0.0433

Growth Streaks & Declines

Trends

Between January and March, 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 June and July, when the average rate fell by 0.1221 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.1221

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2014: 4.3832) against the same month in 2013 (average: 4.4139), the exchange rate shifted by -0.0307 (-0.69%).

2014 Avg (March) 4.3832

2013 Avg (March) 4.4139

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	4.3092	4.1611	4.2061
February	4.3823	4.3019	4.3440
March	4.4058	4.3625	4.3832
April	4.3763	4.3093	4.3504
May	4.3168	4.2319	4.2666
June	4.2354	4.1011	4.1623
July	4.1065	4.0030	4.0402
August	4.0353	3.9694	4.0091
September	3.9744	3.8341	3.9035
October	3.8548	3.8034	3.8341
November	3.7995	3.7494	3.7684
December	3.7571	3.6987	3.7220