2014 TND to HNL Historical Review

YEARLY HIGH

12.7104 HNL

YEARLY LOW

11.2600 HNL

YEARLY AVERAGE

12.0345 HNL

2014 TND to HNL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the TND to HNL exchange rate experienced significant fluctuation. The market reached its absolute peak on June 9, valuing the pair at 12.7104. Conversely, the yearly low was recorded on December 22, dropping to 11.2600.

This high-to-low spread represents a total annual volatility of 1.4504 HNL. From a start-to-finish perspective, comparing the January average rate of 12.2042 to the December average rate of 11.3597, the exchange rate registered a net change of -6.92% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 12.7104 was down 2.00% compared to the 2013 peak of 12.9696, 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 63,552 HNL

2013 Average 61,814 HNL

Yearly Trough Low 56,300 HNL

Transaction Impact: A difference of 7,251.77 HNL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

12.6679

11.2407

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 12.2231, compared to 11.8459 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3772 points.

H1 Avg (Jan–Jun) 12.2231

H2 Avg (Jul–Dec) 11.8459

Volatility Range Comparison

Volatility

The most volatile month in 2014 was May, with a trading range of 0.9914 HNL (High: 12.6870 / Low: 11.6956). On the other end, February was the most stable month, with a tight range of 0.1137 HNL (High: 12.4699 / Low: 12.3562).

May Spread (Volatile) ±0.9914

February Spread (Stable) ±0.1137

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 0.2982 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.2982

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2014: 12.5489) against the same month in 2013 (average: 12.4145), the exchange rate shifted by +0.1344 (+1.08%).

2014 Avg (June) 12.5489

2013 Avg (June) 12.4145

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	12.4118	12.0677	12.2042
February	12.4699	12.3562	12.4143
March	12.4032	12.1148	12.2590
April	12.1548	11.9189	12.0542
May	12.6870	11.6956	11.8577
June	12.7104	12.4124	12.5489
July	12.4551	12.1358	12.2507
August	12.2596	12.1057	12.1868
September	12.0986	11.7204	11.9135
October	11.8607	11.6433	11.7809
November	11.6963	11.5095	11.5837
December	11.5269	11.2600	11.3597