2011 TND to CVE Historical Review

YEARLY HIGH

58.2646 CVE

YEARLY LOW

55.1064 CVE

YEARLY AVERAGE

56.3570 CVE

2011 TND to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the TND to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 58.2646. Conversely, the yearly low was recorded on May 1, dropping to 55.1064.

This high-to-low spread represents a total annual volatility of 3.1582 CVE. From a start-to-finish perspective, comparing the January average rate of 57.4976 to the December average rate of 56.4826, the exchange rate registered a net change of -1.77% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 58.2646 was down 3.30% compared to the 2010 peak of 60.2538, 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 291,323 CVE

2010 Average 290,726 CVE

Yearly Trough Low 275,532 CVE

Transaction Impact: A difference of 15,791.17 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

57.6757

55.5378

JanuMarcMayJulySeptNove

TND to CVE 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 56.4012, compared to 56.3127 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0885 points.

H1 Avg (Jan–Jun) 56.4012

H2 Avg (Jul–Dec) 56.3127

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 1.7801 CVE (High: 57.5426 / Low: 55.7624). On the other end, February was the most stable month, with a tight range of 0.6918 CVE (High: 57.3762 / Low: 56.6844).

October Spread (Volatile) ±1.7801

February Spread (Stable) ±0.6918

Growth Streaks & Declines

Trends

Between April and July, 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 March and April, when the average rate fell by 0.7929 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.7929

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 57.4976) against the same month in 2010 (average: 58.2725), the exchange rate shifted by -0.7749 (-1.33%).

2011 Avg (January) 57.4976

2010 Avg (January) 58.2725

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	58.2646	56.7724	57.4976
February	57.3762	56.6844	57.0046
March	56.9140	56.1012	56.5088
April	56.2662	55.1064	55.7160
May	56.2902	55.1064	55.7653
June	56.6164	55.5583	55.9149
July	56.5162	55.6074	56.0429
August	56.4685	55.6787	55.9867
September	57.1935	55.9448	56.5845
October	57.5426	55.7624	56.5996
November	56.5791	55.8185	56.1802
December	57.1648	55.6824	56.4826