2011 TND to MRO Historical Review

YEARLY HIGH

208.8445 MRO

YEARLY LOW

190.4660 MRO

YEARLY AVERAGE

198.8798 MRO

2011 TND to MRO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the TND to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on October 27, valuing the pair at 208.8445. Conversely, the yearly low was recorded on January 10, dropping to 190.4660.

This high-to-low spread represents a total annual volatility of 18.3785 MRO. From a start-to-finish perspective, comparing the January average rate of 195.3147 to the December average rate of 193.1480, the exchange rate registered a net change of -1.11% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 208.8445 was up 1.34% compared to the 2010 peak of 206.0921, 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 1,044,222 MRO

2010 Average 957,076 MRO

Yearly Trough Low 952,330 MRO

Transaction Impact: A difference of 91,892.27 MRO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

203.3546

192.2201

JanuMarcMayJulySeptNove

TND to MRO 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 198.9417, compared to 198.8179 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1238 points.

H1 Avg (Jan–Jun) 198.9417

H2 Avg (Jul–Dec) 198.8179

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 15.3521 MRO (High: 208.8445 / Low: 193.4924). On the other end, December was the most stable month, with a tight range of 5.4419 MRO (High: 196.3794 / Low: 190.9375).

October Spread (Volatile) ±15.3521

December Spread (Stable) ±5.4419

Growth Streaks & Declines

Trends

Between May and August, 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 October and November, when the average rate fell by 5.6984 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -5.6984

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2011: 202.3246) against the same month in 2010 (average: 202.7677), the exchange rate shifted by -0.4432 (-0.22%).

2011 Avg (October) 202.3246

2010 Avg (October) 202.7677

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	198.6266	190.4660	195.3147
February	204.6821	194.1327	198.8925
March	206.9934	197.5188	202.4267
April	206.1221	197.5468	200.8228
May	203.6462	193.7805	197.1385
June	202.4242	196.4725	199.0550
July	203.4005	196.2671	199.8544
August	206.2302	197.8108	202.2543
September	202.6181	195.5984	198.6999
October	208.8445	193.4924	202.3246
November	200.1958	193.3920	196.6261
December	196.3794	190.9375	193.1480