2013 TND to LTL Historical Review

YEARLY HIGH

1.6909 LTL

YEARLY LOW

1.5014 LTL

YEARLY AVERAGE

1.6015 LTL

2013 TND to LTL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the TND to LTL exchange rate experienced significant fluctuation. The market reached its absolute peak on March 27, valuing the pair at 1.6909. Conversely, the yearly low was recorded on December 15, dropping to 1.5014.

This high-to-low spread represents a total annual volatility of 0.1895 LTL. From a start-to-finish perspective, comparing the January average rate of 1.6701 to the December average rate of 1.5181, the exchange rate registered a net change of -9.10% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2013 high of 1.6909 was down 5.48% compared to the 2012 peak of 1.7889, 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 8,454 LTL

2012 Average 8,603 LTL

Yearly Trough Low 7,507 LTL

Transaction Impact: A difference of 947.56 LTL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

1.6982

1.5017

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 1.6484, compared to 1.5546 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0938 points.

H1 Avg (Jan–Jun) 1.6484

H2 Avg (Jul–Dec) 1.5546

Volatility Range Comparison

Volatility

The most volatile month in 2013 was April, with a trading range of 0.0516 LTL (High: 1.6871 / Low: 1.6355). On the other end, October was the most stable month, with a tight range of 0.0132 LTL (High: 1.5493 / Low: 1.5361).

April Spread (Volatile) ±0.0516

October Spread (Stable) ±0.0132

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2013. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0420 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0420

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2013: 1.6818) against the same month in 2012 (average: 1.7319), the exchange rate shifted by -0.0501 (-2.89%).

2013 Avg (March) 1.6818

2012 Avg (March) 1.7319

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.6881	1.6536	1.6701
February	1.6711	1.6466	1.6593
March	1.6909	1.6692	1.6818
April	1.6871	1.6355	1.6583
May	1.6333	1.5971	1.6163
June	1.6182	1.5958	1.6044
July	1.6030	1.5741	1.5886
August	1.5808	1.5675	1.5746
September	1.5823	1.5472	1.5676
October	1.5493	1.5361	1.5429
November	1.5484	1.5213	1.5355
December	1.5302	1.5014	1.5181