2016 TND to BZD Historical Review

YEARLY HIGH

1.0012 BZD

YEARLY LOW

0.8589 BZD

YEARLY AVERAGE

0.9339 BZD

2016 TND to BZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the TND to BZD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 3, valuing the pair at 1.0012. Conversely, the yearly low was recorded on December 27, dropping to 0.8589.

This high-to-low spread represents a total annual volatility of 0.1423 BZD. From a start-to-finish perspective, comparing the January average rate of 0.9767 to the December average rate of 0.8681, the exchange rate registered a net change of -11.13% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 1.0012 was down 6.77% compared to the 2015 peak of 1.0739, 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 5,006 BZD

2015 Average 5,100 BZD

Yearly Trough Low 4,295 BZD

Transaction Impact: A difference of 711.58 BZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1.0037

0.8557

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 0.9741, compared to 0.8937 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0804 points.

H1 Avg (Jan–Jun) 0.9741

H2 Avg (Jul–Dec) 0.8937

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 0.0489 BZD (High: 1.0012 / Low: 0.9523). On the other end, September was the most stable month, with a tight range of 0.0061 BZD (High: 0.9103 / Low: 0.9042).

May Spread (Volatile) ±0.0489

September Spread (Stable) ±0.0061

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2016. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0465 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0465

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2016: 0.9755) against the same month in 2015 (average: 1.0336), the exchange rate shifted by -0.0580 (-5.62%).

2016 Avg (May) 0.9755

2015 Avg (May) 1.0336

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9815	0.9722	0.9767
February	0.9974	0.9749	0.9864
March	0.9963	0.9729	0.9852
April	0.9990	0.9843	0.9914
May	1.0012	0.9523	0.9755
June	0.9486	0.9078	0.9291
July	0.9141	0.8941	0.9040
August	0.9154	0.9009	0.9077
September	0.9103	0.9042	0.9075
October	0.9080	0.8844	0.8945
November	0.8975	0.8666	0.8803
December	0.8763	0.8589	0.8681