2014 TND to CDF Historical Review

YEARLY HIGH

588.7235 CDF

YEARLY LOW

494.5157 CDF

YEARLY AVERAGE

545.5133 CDF

2014 TND to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the TND to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on March 9, valuing the pair at 588.7235. Conversely, the yearly low was recorded on December 22, dropping to 494.5157.

This high-to-low spread represents a total annual volatility of 94.2079 CDF. From a start-to-finish perspective, comparing the January average rate of 562.4041 to the December average rate of 498.7654, the exchange rate registered a net change of -11.32% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 588.7235 was down 1.59% compared to the 2013 peak of 598.2056, 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 2,943,618 CDF

2013 Average 2,839,656 CDF

Yearly Trough Low 2,472,578 CDF

Transaction Impact: A difference of 471,039.39 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

593.6233

490.1420

JanuMarcMayJulySeptNove

TND to CDF 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 572.2220, compared to 518.8046 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 53.4174 points.

H1 Avg (Jan–Jun) 572.2220

H2 Avg (Jul–Dec) 518.8046

Volatility Range Comparison

Volatility

The most volatile month in 2014 was June, with a trading range of 21.1866 CDF (High: 565.5104 / Low: 544.3238). On the other end, November was the most stable month, with a tight range of 6.4106 CDF (High: 508.3541 / Low: 501.9435).

June Spread (Volatile) ±21.1866

November Spread (Stable) ±6.4106

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 16.4798 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -16.4798

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2014: 584.9998) against the same month in 2013 (average: 584.5644), the exchange rate shifted by +0.4355 (+0.07%).

2014 Avg (March) 584.9998

2013 Avg (March) 584.5644

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	576.4795	556.5224	562.4041
February	583.8426	574.9622	579.9424
March	588.7235	580.7076	584.9998
April	584.7526	574.2773	580.6756
May	576.0769	564.6441	569.3422
June	565.5104	544.3238	555.9682
July	548.5688	534.5148	539.4883
August	539.8966	530.4509	535.4937
September	530.3542	513.7557	521.4334
October	515.6635	508.8145	512.8639
November	508.3541	501.9435	504.7831
December	503.1343	494.5157	498.7654