2011 TND to ETB Historical Review

YEARLY HIGH

12.5757 ETB

YEARLY LOW

8.6528 ETB

YEARLY AVERAGE

11.3210 ETB

2011 TND to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the TND to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on May 2, valuing the pair at 12.5757. Conversely, the yearly low was recorded on January 10, dropping to 8.6528.

This high-to-low spread represents a total annual volatility of 3.9229 ETB. From a start-to-finish perspective, comparing the January average rate of 8.8696 to the December average rate of 11.6362, the exchange rate registered a net change of 31.19% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 12.5757 was up 36.49% compared to the 2010 peak of 9.2137, 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 62,878 ETB

2010 Average 40,612 ETB

Yearly Trough Low 43,264 ETB

Transaction Impact: A difference of 19,614.41 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

12.7620

8.5158

JanuMarcMayJulySeptNove

TND to ETB 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 10.5794, compared to 12.0626 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.4832 points.

H1 Avg (Jan–Jun) 10.5794

H2 Avg (Jul–Dec) 12.0626

Volatility Range Comparison

Volatility

The most volatile month in 2011 was April, with a trading range of 3.3590 ETB (High: 12.5512 / Low: 9.1922). On the other end, February was the most stable month, with a tight range of 0.1631 ETB (High: 9.0841 / Low: 8.9210).

April Spread (Volatile) ±3.3590

February Spread (Stable) ±0.1631

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.3178 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.3178

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2011: 12.2241) against the same month in 2010 (average: 7.5038), the exchange rate shifted by +4.7203 (+62.91%).

2011 Avg (May) 12.2241

2010 Avg (May) 7.5038

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	9.0518	8.6528	8.8696
February	9.0841	8.9210	8.9976
March	9.2569	9.0684	9.1700
April	12.5512	9.1922	11.8862
May	12.5757	12.0543	12.2241
June	12.4750	12.2114	12.3287
July	12.4580	12.1083	12.3285
August	12.5712	12.2731	12.4082
September	12.3819	11.9157	12.0903
October	12.3518	11.7286	12.0540
November	11.9919	11.6536	11.8583
December	11.7716	11.5053	11.6362