2014 TND to BTN Historical Review

YEARLY HIGH

39.3373 BTN

YEARLY LOW

33.2836 BTN

YEARLY AVERAGE

36.0365 BTN

2014 TND to BTN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the TND to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 20, valuing the pair at 39.3373. Conversely, the yearly low was recorded on December 8, dropping to 33.2836.

This high-to-low spread represents a total annual volatility of 6.0537 BTN. From a start-to-finish perspective, comparing the January average rate of 37.7725 to the December average rate of 33.8046, the exchange rate registered a net change of -10.50% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 39.3373 was down 4.58% compared to the 2013 peak of 41.2267, 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 196,687 BTN

2013 Average 180,021 BTN

Yearly Trough Low 166,418 BTN

Transaction Impact: A difference of 30,268.39 BTN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

39.6765

33.1039

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 37.6963, compared to 34.3768 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.3196 points.

H1 Avg (Jan–Jun) 37.6963

H2 Avg (Jul–Dec) 34.3768

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 1.9765 BTN (High: 39.0436 / Low: 37.0671). On the other end, February was the most stable month, with a tight range of 0.4049 BTN (High: 39.3373 / Low: 38.9324).

January Spread (Volatile) ±1.9765

February Spread (Stable) ±0.4049

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2014. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 1.3237 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -1.3237

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2014: 39.1288) against the same month in 2013 (average: 34.5379), the exchange rate shifted by +4.5909 (+13.29%).

2014 Avg (February) 39.1288

2013 Avg (February) 34.5379

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	39.0436	37.0671	37.7725
February	39.3373	38.9324	39.1288
March	39.2834	37.7336	38.6689
April	38.3206	37.6540	37.9750
May	37.6352	35.7985	36.6512
June	36.3440	35.6707	35.9816
July	35.7100	34.8345	35.1068
August	35.7788	34.7772	35.3049
September	34.7702	34.0674	34.3407
October	34.4456	33.7282	34.0519
November	33.8858	33.4675	33.6516
December	34.3985	33.2836	33.8046