2011 TND to HNL Historical Review

YEARLY HIGH

14.1278 HNL

YEARLY LOW

12.6352 HNL

YEARLY AVERAGE

13.4496 HNL

2011 TND to HNL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the TND to HNL exchange rate experienced significant fluctuation. The market reached its absolute peak on May 2, valuing the pair at 14.1278. Conversely, the yearly low was recorded on December 29, dropping to 12.6352.

This high-to-low spread represents a total annual volatility of 1.4926 HNL. From a start-to-finish perspective, comparing the January average rate of 13.1858 to the December average rate of 12.7871, the exchange rate registered a net change of -3.02% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 14.1278 was down 3.19% compared to the 2010 peak of 14.5940, 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 70,639 HNL

2010 Average 66,154 HNL

Yearly Trough Low 63,176 HNL

Transaction Impact: A difference of 7,463.18 HNL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

13.9142

12.6847

JanuMarcMayJulySeptNove

TND to HNL 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 13.5728, compared to 13.3265 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2464 points.

H1 Avg (Jan–Jun) 13.5728

H2 Avg (Jul–Dec) 13.3265

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 0.7170 HNL (High: 13.6811 / Low: 12.9641). On the other end, February was the most stable month, with a tight range of 0.2149 HNL (High: 13.4470 / Low: 13.2320).

October Spread (Volatile) ±0.7170

February Spread (Stable) ±0.2149

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 August and September, when the average rate fell by 0.3405 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.3405

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2011: 13.7356) against the same month in 2010 (average: 12.6636), the exchange rate shifted by +1.0720 (+8.47%).

2011 Avg (May) 13.7356

2010 Avg (May) 12.6636

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	13.4414	12.8645	13.1858
February	13.4470	13.2320	13.3444
March	13.6917	13.4261	13.5648
April	14.0429	13.5787	13.8117
May	14.1278	13.4682	13.7356
June	13.9667	13.6406	13.7947
July	13.8481	13.4932	13.7189
August	13.8802	13.5321	13.6904
September	13.6711	13.1602	13.3499
October	13.6811	12.9641	13.3331
November	13.2807	12.8119	13.0794
December	12.9257	12.6352	12.7871