2014 TND to FJD Historical Review

YEARLY HIGH

1.1960 FJD

YEARLY LOW

1.0510 FJD

YEARLY AVERAGE

1.1095 FJD

2014 TND to FJD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the TND to FJD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 10, valuing the pair at 1.1960. Conversely, the yearly low was recorded on November 13, dropping to 1.0510.

This high-to-low spread represents a total annual volatility of 0.1450 FJD. From a start-to-finish perspective, comparing the January average rate of 1.1469 to the December average rate of 1.0663, the exchange rate registered a net change of -7.03% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 1.1960 was up 2.99% compared to the 2013 peak of 1.1613, 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 5,980 FJD

2013 Average 5,634 FJD

Yearly Trough Low 5,255 FJD

Transaction Impact: A difference of 724.79 FJD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

1.1922

1.0495

JanuMarcMayJulySeptNove

TND to FJD 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 1.1503, compared to 1.0687 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0816 points.

H1 Avg (Jan–Jun) 1.1503

H2 Avg (Jul–Dec) 1.0687

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.0534 FJD (High: 1.1830 / Low: 1.1296). On the other end, October was the most stable month, with a tight range of 0.0150 FJD (High: 1.0762 / Low: 1.0612).

January Spread (Volatile) ±0.0534

October Spread (Stable) ±0.0150

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2014. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0318 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0318

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2014: 1.1800) against the same month in 2013 (average: 1.1262), the exchange rate shifted by +0.0537 (+4.77%).

2014 Avg (March) 1.1800

2013 Avg (March) 1.1262

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.1830	1.1296	1.1469
February	1.1886	1.1698	1.1803
March	1.1960	1.1587	1.1800
April	1.1675	1.1494	1.1562
May	1.1462	1.1262	1.1328
June	1.1300	1.0866	1.1054
July	1.0868	1.0619	1.0736
August	1.0841	1.0630	1.0765
September	1.0716	1.0535	1.0654
October	1.0762	1.0612	1.0689
November	1.0692	1.0510	1.0614
December	1.0726	1.0572	1.0663