2014 TND to NGN Historical Review

YEARLY HIGH

104.9626 NGN

YEARLY LOW

90.3178 NGN

YEARLY AVERAGE

97.4278 NGN

2014 TND to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the TND to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 12, valuing the pair at 104.9626. Conversely, the yearly low was recorded on October 3, dropping to 90.3178.

This high-to-low spread represents a total annual volatility of 14.6447 NGN. From a start-to-finish perspective, comparing the January average rate of 97.4310 to the December average rate of 98.0278, the exchange rate registered a net change of 0.61% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 104.9626 was up 2.60% compared to the 2013 peak of 102.3020, 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 524,813 NGN

2013 Average 490,152 NGN

Yearly Trough Low 451,589 NGN

Transaction Impact: A difference of 73,223.51 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

105.7761

90.0663

JanuMarcMayJulySeptNove

TND to NGN 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 100.8500, compared to 94.0056 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 6.8445 points.

H1 Avg (Jan–Jun) 100.8500

H2 Avg (Jul–Dec) 94.0056

Volatility Range Comparison

Volatility

The most volatile month in 2014 was November, with a trading range of 6.4497 NGN (High: 96.9336 / Low: 90.4839). On the other end, March was the most stable month, with a tight range of 1.2514 NGN (High: 104.9626 / Low: 103.7112).

November Spread (Volatile) ±6.4497

March Spread (Stable) ±1.2514

Growth Streaks & Declines

Trends

Between January and March, 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 3.3789 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -3.3789

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2014: 104.4669) against the same month in 2013 (average: 100.0161), the exchange rate shifted by +4.4508 (+4.45%).

2014 Avg (March) 104.4669

2013 Avg (March) 100.0161

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	101.3522	95.9159	97.4310
February	104.9018	101.2588	103.0294
March	104.9626	103.7112	104.4669
April	104.2698	100.2345	102.0821
May	100.6584	99.1816	99.8478
June	99.8833	96.5591	98.2430
July	96.7751	93.8982	94.8641
August	94.8496	93.1534	94.0085
September	93.2502	90.9196	92.1042
October	92.1734	90.3178	91.3754
November	96.9336	90.4839	93.6535
December	99.3456	97.0784	98.0278