2014 TND to BRL Historical Review

YEARLY HIGH

1.5164 BRL

YEARLY LOW

1.2734 BRL

YEARLY AVERAGE

1.3873 BRL

2014 TND to BRL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the TND to BRL exchange rate experienced significant fluctuation. The market reached its absolute peak on February 12, valuing the pair at 1.5164. Conversely, the yearly low was recorded on September 7, dropping to 1.2734.

This high-to-low spread represents a total annual volatility of 0.2430 BRL. From a start-to-finish perspective, comparing the January average rate of 1.4474 to the December average rate of 1.4248, the exchange rate registered a net change of -1.56% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 1.5164 was up 1.94% compared to the 2013 peak of 1.4875, 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 7,582 BRL

2013 Average 6,638 BRL

Yearly Trough Low 6,367 BRL

Transaction Impact: A difference of 1,215.21 BRL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

1.5177

1.2802

JanuMarcMayJulySeptNove

TND to BRL 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 1.4237, compared to 1.3510 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0727 points.

H1 Avg (Jan–Jun) 1.4237

H2 Avg (Jul–Dec) 1.3510

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.0991 BRL (High: 1.5134 / Low: 1.4143). On the other end, July was the most stable month, with a tight range of 0.0343 BRL (High: 1.3176 / Low: 1.2834).

January Spread (Volatile) ±0.0991

July Spread (Stable) ±0.0343

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0698 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0698

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2014: 1.4979) against the same month in 2013 (average: 1.2671), the exchange rate shifted by +0.2308 (+18.21%).

2014 Avg (February) 1.4979

2013 Avg (February) 1.2671

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.5134	1.4143	1.4474
February	1.5164	1.4678	1.4979
March	1.5021	1.4263	1.4750
April	1.4358	1.3855	1.4052
May	1.3954	1.3581	1.3713
June	1.3932	1.3042	1.3454
July	1.3176	1.2834	1.3000
August	1.3344	1.2837	1.3148
September	1.3640	1.2734	1.3178
October	1.3908	1.3312	1.3587
November	1.4231	1.3566	1.3895
December	1.4787	1.3811	1.4248