2011 TND to LTL Historical Review

YEARLY HIGH

1.8245 LTL

YEARLY LOW

1.7256 LTL

YEARLY AVERAGE

1.7647 LTL

2011 TND to LTL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the TND to LTL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 1.8245. Conversely, the yearly low was recorded on May 1, dropping to 1.7256.

This high-to-low spread represents a total annual volatility of 0.0989 LTL. From a start-to-finish perspective, comparing the January average rate of 1.8005 to the December average rate of 1.7680, the exchange rate registered a net change of -1.81% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 1.8245 was down 3.30% compared to the 2010 peak of 1.8868, 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 9,123 LTL

2010 Average 9,104 LTL

Yearly Trough Low 8,628 LTL

Transaction Impact: A difference of 494.49 LTL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

1.8061

1.7391

JanuMarcMayJulySeptNove

TND to LTL 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 1.7662, compared to 1.7633 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0029 points.

H1 Avg (Jan–Jun) 1.7662

H2 Avg (Jul–Dec) 1.7633

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 0.0557 LTL (High: 1.8019 / Low: 1.7462). On the other end, February was the most stable month, with a tight range of 0.0217 LTL (High: 1.7967 / Low: 1.7750).

October Spread (Volatile) ±0.0557

February Spread (Stable) ±0.0217

Growth Streaks & Declines

Trends

Between April and July, 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 March and April, when the average rate fell by 0.0247 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0247

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 1.8005) against the same month in 2010 (average: 1.8248), the exchange rate shifted by -0.0243 (-1.33%).

2011 Avg (January) 1.8005

2010 Avg (January) 1.8248

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.8245	1.7778	1.8005
February	1.7967	1.7750	1.7851
March	1.7822	1.7568	1.7694
April	1.7619	1.7256	1.7447
May	1.7627	1.7256	1.7463
June	1.7729	1.7398	1.7509
July	1.7698	1.7413	1.7550
August	1.7683	1.7436	1.7532
September	1.7910	1.7519	1.7719
October	1.8019	1.7462	1.7724
November	1.7707	1.7375	1.7593
December	1.7879	1.7466	1.7680