2014 TND to BZD Historical Review

YEARLY HIGH

1.2753 BZD

YEARLY LOW

1.0683 BZD

YEARLY AVERAGE

1.1806 BZD

2014 TND to BZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the TND to BZD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 1, valuing the pair at 1.2753. Conversely, the yearly low was recorded on December 22, dropping to 1.0683.

This high-to-low spread represents a total annual volatility of 0.2070 BZD. From a start-to-finish perspective, comparing the January average rate of 1.2133 to the December average rate of 1.0763, the exchange rate registered a net change of -11.29% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 1.2753 was down 2.78% compared to the 2013 peak of 1.3118, 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 6,377 BZD

2013 Average 6,147 BZD

Yearly Trough Low 5,342 BZD

Transaction Impact: A difference of 1,034.89 BZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

1.2865

1.0572

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 1.2396, compared to 1.1215 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1181 points.

H1 Avg (Jan–Jun) 1.2396

H2 Avg (Jul–Dec) 1.1215

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.0427 BZD (High: 1.2435 / Low: 1.2008). On the other end, October was the most stable month, with a tight range of 0.0145 BZD (High: 1.1142 / Low: 1.0997).

January Spread (Volatile) ±0.0427

October Spread (Stable) ±0.0145

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 May and June, when the average rate fell by 0.0368 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0368

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2014: 1.2674) against the same month in 2013 (average: 1.2573), the exchange rate shifted by +0.0101 (+0.81%).

2014 Avg (April) 1.2674

2013 Avg (April) 1.2573

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.2435	1.2008	1.2133
February	1.2626	1.2414	1.2516
March	1.2726	1.2543	1.2618
April	1.2753	1.2550	1.2674
May	1.2579	1.2236	1.2402
June	1.2246	1.1858	1.2034
July	1.1874	1.1575	1.1684
August	1.1668	1.1477	1.1590
September	1.1475	1.1063	1.1277
October	1.1142	1.0997	1.1079
November	1.0986	1.0841	1.0896
December	1.0861	1.0683	1.0763