2014 TND to LTL Historical Review

YEARLY HIGH

1.5948 LTL

YEARLY LOW

1.4747 LTL

YEARLY AVERAGE

1.5341 LTL

2014 TND to LTL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the TND to LTL exchange rate experienced significant fluctuation. The market reached its absolute peak on February 2, valuing the pair at 1.5948. Conversely, the yearly low was recorded on July 19, dropping to 1.4747.

This high-to-low spread represents a total annual volatility of 0.1201 LTL. From a start-to-finish perspective, comparing the January average rate of 1.5424 to the December average rate of 1.5106, the exchange rate registered a net change of -2.06% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 1.5948 was down 5.68% compared to the 2013 peak of 1.6909, 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 7,974 LTL

2013 Average 8,006 LTL

Yearly Trough Low 7,373 LTL

Transaction Impact: A difference of 600.62 LTL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

1.5995

1.4805

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 1.5618, compared to 1.5065 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0553 points.

H1 Avg (Jan–Jun) 1.5618

H2 Avg (Jul–Dec) 1.5065

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.0669 LTL (High: 1.5922 / Low: 1.5253). On the other end, May was the most stable month, with a tight range of 0.0059 LTL (High: 1.5545 / Low: 1.5486).

January Spread (Volatile) ±0.0669

May Spread (Stable) ±0.0059

Growth Streaks & Declines

Trends

Between July and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0391 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0391

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2014: 1.5896) against the same month in 2013 (average: 1.6593), the exchange rate shifted by -0.0697 (-4.20%).

2014 Avg (February) 1.5896

2013 Avg (February) 1.6593

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.5922	1.5253	1.5424
February	1.5948	1.5868	1.5896
March	1.5896	1.5768	1.5835
April	1.5855	1.5540	1.5737
May	1.5545	1.5486	1.5522
June	1.5532	1.5009	1.5295
July	1.5006	1.4747	1.4904
August	1.5087	1.4996	1.5040
September	1.5172	1.5063	1.5121
October	1.5199	1.5057	1.5118
November	1.5182	1.5042	1.5099
December	1.5299	1.4993	1.5106