2014 TND to DJF Historical Review

YEARLY HIGH

113.6556 DJF

YEARLY LOW

95.2023 DJF

YEARLY AVERAGE

105.4305 DJF

2014 TND to DJF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the TND to DJF exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 113.6556. Conversely, the yearly low was recorded on December 28, dropping to 95.2023.

This high-to-low spread represents a total annual volatility of 18.4534 DJF. From a start-to-finish perspective, comparing the January average rate of 108.3248 to the December average rate of 96.0632, 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 113.6556 was down 1.73% compared to the 2013 peak of 115.6537, 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 568,278 DJF

2013 Average 546,447 DJF

Yearly Trough Low 476,011 DJF

Transaction Impact: A difference of 92,266.75 DJF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

114.5692

94.3808

JanuMarcMayJulySeptNove

TND to DJF 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 110.6056, compared to 100.2555 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 10.3501 points.

H1 Avg (Jan–Jun) 110.6056

H2 Avg (Jul–Dec) 100.2555

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 3.8319 DJF (High: 110.9486 / Low: 107.1167). On the other end, December was the most stable month, with a tight range of 1.7162 DJF (High: 96.9184 / Low: 95.2023).

January Spread (Volatile) ±3.8319

December Spread (Stable) ±1.7162

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 3.1847 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -3.1847

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2014: 112.8869) against the same month in 2013 (average: 112.0014), the exchange rate shifted by +0.8855 (+0.79%).

2014 Avg (March) 112.8869

2013 Avg (March) 112.0014

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	110.9486	107.1167	108.3248
February	112.8467	110.7281	111.9598
March	113.6556	111.8560	112.8869
April	113.3571	111.4343	112.4001
May	111.8664	109.2712	110.3883
June	109.5331	105.8297	107.6736
July	106.2645	103.3758	104.4890
August	104.7564	102.4391	103.7326
September	102.8072	99.0800	100.8141
October	99.6424	97.8396	99.0472
November	98.5008	96.7145	97.3869
December	96.9184	95.2023	96.0632