2011 TND to BZD Historical Review

YEARLY HIGH

1.4872 BZD

YEARLY LOW

1.3275 BZD

YEARLY AVERAGE

1.4150 BZD

2011 TND to BZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the TND to BZD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 4, valuing the pair at 1.4872. Conversely, the yearly low was recorded on December 29, dropping to 1.3275.

This high-to-low spread represents a total annual volatility of 0.1597 BZD. From a start-to-finish perspective, comparing the January average rate of 1.3851 to the December average rate of 1.3443, the exchange rate registered a net change of -2.95% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 1.4872 was down 2.98% compared to the 2010 peak of 1.5329, 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 7,436 BZD

2010 Average 6,949 BZD

Yearly Trough Low 6,637 BZD

Transaction Impact: A difference of 798.61 BZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

1.4639

1.3334

JanuMarcMayJulySeptNove

TND to BZD 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 1.4266, compared to 1.4035 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0231 points.

H1 Avg (Jan–Jun) 1.4266

H2 Avg (Jul–Dec) 1.4035

Volatility Range Comparison

Volatility

The most volatile month in 2011 was May, with a trading range of 0.0768 BZD (High: 1.4872 / Low: 1.4104). On the other end, February was the most stable month, with a tight range of 0.0236 BZD (High: 1.4136 / Low: 1.3900).

May Spread (Volatile) ±0.0768

February Spread (Stable) ±0.0236

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 August and September, when the average rate fell by 0.0388 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0388

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2011: 1.4437) against the same month in 2010 (average: 1.3303), the exchange rate shifted by +0.1135 (+8.53%).

2011 Avg (May) 1.4437

2010 Avg (May) 1.3303

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.4120	1.3514	1.3851
February	1.4136	1.3900	1.4020
March	1.4388	1.4104	1.4255
April	1.4801	1.4273	1.4531
May	1.4872	1.4104	1.4437
June	1.4711	1.4285	1.4500
July	1.4603	1.4130	1.4440
August	1.4638	1.4327	1.4463
September	1.4455	1.3881	1.4076
October	1.4371	1.3661	1.4033
November	1.3953	1.3493	1.3756
December	1.3621	1.3275	1.3443