2014 TND to ETB Historical Review

YEARLY HIGH

12.3226 ETB

YEARLY LOW

10.8061 ETB

YEARLY AVERAGE

11.6086 ETB

2014 TND to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the TND to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on March 9, valuing the pair at 12.3226. Conversely, the yearly low was recorded on December 22, dropping to 10.8061.

This high-to-low spread represents a total annual volatility of 1.5165 ETB. From a start-to-finish perspective, comparing the January average rate of 11.6620 to the December average rate of 10.8661, the exchange rate registered a net change of -6.82% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 12.3226 was up 3.23% compared to the 2013 peak of 11.9372, 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 61,613 ETB

2013 Average 57,588 ETB

Yearly Trough Low 54,031 ETB

Transaction Impact: A difference of 7,582.65 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

12.3799

10.7285

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 12.0146, compared to 11.2025 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.8121 points.

H1 Avg (Jan–Jun) 12.0146

H2 Avg (Jul–Dec) 11.2025

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.4361 ETB (High: 11.9564 / Low: 11.5203). On the other end, April was the most stable month, with a tight range of 0.1154 ETB (High: 12.3054 / Low: 12.1900).

January Spread (Volatile) ±0.4361

April Spread (Stable) ±0.1154

Growth Streaks & Declines

Trends

Between January and April, 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 June and July, when the average rate fell by 0.2677 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.2677

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2014: 12.2344) against the same month in 2013 (average: 11.6530), the exchange rate shifted by +0.5814 (+4.99%).

2014 Avg (March) 12.2344

2013 Avg (March) 11.6530

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	11.9564	11.5203	11.6620
February	12.2455	11.8460	12.0997
March	12.3226	12.1488	12.2344
April	12.3054	12.1900	12.2423
May	12.2017	11.9614	12.0493
June	11.9906	11.6349	11.7999
July	11.6614	11.4046	11.5322
August	11.5543	11.4164	11.5035
September	11.4408	11.0748	11.2544
October	11.1698	11.0441	11.1045
November	11.0371	10.9053	10.9543
December	10.9487	10.8061	10.8661