2013 TND to CVE Historical Review

YEARLY HIGH

54.1591 CVE

YEARLY LOW

47.7625 CVE

YEARLY AVERAGE

51.0717 CVE

2013 TND to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the TND to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on March 19, valuing the pair at 54.1591. Conversely, the yearly low was recorded on December 15, dropping to 47.7625.

This high-to-low spread represents a total annual volatility of 6.3966 CVE. From a start-to-finish perspective, comparing the January average rate of 53.3676 to the December average rate of 48.3714, the exchange rate registered a net change of -9.36% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2013 high of 54.1591 was down 5.17% compared to the 2012 peak of 57.1131, 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 270,796 CVE

2012 Average 275,266 CVE

Yearly Trough Low 238,813 CVE

Transaction Impact: A difference of 31,983.05 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

54.2837

47.8339

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 52.6611, compared to 49.4822 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.1789 points.

H1 Avg (Jan–Jun) 52.6611

H2 Avg (Jul–Dec) 49.4822

Volatility Range Comparison

Volatility

The most volatile month in 2013 was April, with a trading range of 1.7569 CVE (High: 53.9614 / Low: 52.2045). On the other end, October was the most stable month, with a tight range of 0.6265 CVE (High: 49.3392 / Low: 48.7126).

April Spread (Volatile) ±1.7569

October Spread (Stable) ±0.6265

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2013. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 1.4482 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -1.4482

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2013: 53.7462) against the same month in 2012 (average: 55.3705), the exchange rate shifted by -1.6244 (-2.93%).

2013 Avg (March) 53.7462

2012 Avg (March) 55.3705

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	53.9498	52.9586	53.3676
February	53.2587	52.6202	52.9800
March	54.1591	52.5371	53.7462
April	53.9614	52.2045	53.0439
May	52.3033	50.5617	51.5957
June	51.7840	50.4741	51.2335
July	51.2738	49.8394	50.7536
August	50.6242	49.7643	50.1638
September	50.1370	49.0335	49.6797
October	49.3392	48.7126	49.0414
November	49.3532	48.4411	48.8835
December	48.8065	47.7625	48.3714