2011 TND to BTN Historical Review

YEARLY HIGH

36.0846 BTN

YEARLY LOW

30.7479 BTN

YEARLY AVERAGE

33.1330 BTN

2011 TND to BTN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the TND to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 14, valuing the pair at 36.0846. Conversely, the yearly low was recorded on January 11, dropping to 30.7479.

This high-to-low spread represents a total annual volatility of 5.3367 BTN. From a start-to-finish perspective, comparing the January average rate of 31.6456 to the December average rate of 35.3921, the exchange rate registered a net change of 11.84% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 36.0846 was up 2.56% compared to the 2010 peak of 35.1846, 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 180,423 BTN

2010 Average 159,743 BTN

Yearly Trough Low 153,739 BTN

Transaction Impact: A difference of 26,683.54 BTN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

35.7668

31.2710

JanuMarcMayJulySeptNove

TND to BTN 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 32.2771, compared to 33.9890 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.7119 points.

H1 Avg (Jan–Jun) 32.2771

H2 Avg (Jul–Dec) 33.9890

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 2.0542 BTN (High: 35.9107 / Low: 33.8565). On the other end, March was the most stable month, with a tight range of 0.6049 BTN (High: 32.5944 / Low: 31.9895).

October Spread (Volatile) ±2.0542

March Spread (Stable) ±0.6049

Growth Streaks & Declines

Trends

Between January and June, 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 June and July, when the average rate fell by 0.4868 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.4868

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 35.3921) against the same month in 2010 (average: 31.1974), the exchange rate shifted by +4.1947 (+13.45%).

2011 Avg (December) 35.3921

2010 Avg (December) 31.1974

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	32.6365	30.7479	31.6456
February	32.4294	31.7333	32.0549
March	32.5944	31.9895	32.2505
April	32.9809	31.9618	32.4152
May	33.2962	32.2241	32.5949
June	33.0090	32.3831	32.7014
July	32.5686	31.8802	32.2145
August	33.8759	32.1466	33.0246
September	34.5599	32.9012	33.6100
October	35.9107	33.8565	34.6631
November	36.0057	34.2074	35.0299
December	36.0846	34.8922	35.3921