2016 TND to CVE Historical Review

YEARLY HIGH

50.0284 CVE

YEARLY LOW

44.3241 CVE

YEARLY AVERAGE

46.5315 CVE

2016 TND to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the TND to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 50.0284. Conversely, the yearly low was recorded on December 28, dropping to 44.3241.

This high-to-low spread represents a total annual volatility of 5.7043 CVE. From a start-to-finish perspective, comparing the January average rate of 49.6770 to the December average rate of 45.2939, the exchange rate registered a net change of -8.82% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 50.0284 was down 5.37% compared to the 2015 peak of 52.8673, 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 250,142 CVE

2015 Average 253,139 CVE

Yearly Trough Low 221,620 CVE

Transaction Impact: A difference of 28,521.34 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

50.1809

44.1337

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 48.1884, compared to 44.8746 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.3138 points.

H1 Avg (Jan–Jun) 48.1884

H2 Avg (Jul–Dec) 44.8746

Volatility Range Comparison

Volatility

The most volatile month in 2016 was December, with a trading range of 1.6872 CVE (High: 46.0113 / Low: 44.3241). On the other end, September was the most stable month, with a tight range of 0.2838 CVE (High: 44.7804 / Low: 44.4966).

December Spread (Volatile) ±1.6872

September Spread (Stable) ±0.2838

Growth Streaks & Declines

Trends

Between September and December, 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 1.9335 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -1.9335

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 49.6770) against the same month in 2015 (average: 49.5560), the exchange rate shifted by +0.1210 (+0.24%).

2016 Avg (January) 49.6770

2015 Avg (January) 49.5560

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	50.0284	49.4226	49.6770
February	49.7013	48.8180	49.1414
March	49.7426	48.3300	48.9881
April	48.6419	47.8242	48.3342
May	48.2757	46.9185	47.4616
June	46.5878	45.0680	45.5281
July	45.2283	44.6530	45.0037
August	44.9201	44.4447	44.6757
September	44.7804	44.4966	44.6377
October	44.8674	44.5320	44.6963
November	45.3685	44.5152	44.9407
December	46.0113	44.3241	45.2939