2012 TND to PEN Historical Review

YEARLY HIGH

1.8031 PEN

YEARLY LOW

1.6112 PEN

YEARLY AVERAGE

1.6908 PEN

2012 TND to PEN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the TND to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 1.8031. Conversely, the yearly low was recorded on July 16, dropping to 1.6112.

This high-to-low spread represents a total annual volatility of 0.1919 PEN. From a start-to-finish perspective, comparing the January average rate of 1.7809 to the December average rate of 1.6444, the exchange rate registered a net change of -7.67% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2012 high of 1.8031 was down 15.02% compared to the 2011 peak of 2.1217, 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 9,015 PEN

2011 Average 9,798 PEN

Yearly Trough Low 8,056 PEN

Transaction Impact: A difference of 959.42 PEN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

1.8051

1.6079

JanuMarcMayJulySeptNove

TND to PEN 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 1.7412, compared to 1.6405 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1007 points.

H1 Avg (Jan–Jun) 1.7412

H2 Avg (Jul–Dec) 1.6405

Volatility Range Comparison

Volatility

The most volatile month in 2012 was July, with a trading range of 0.0704 PEN (High: 1.6816 / Low: 1.6112). On the other end, October was the most stable month, with a tight range of 0.0168 PEN (High: 1.6609 / Low: 1.6441).

July Spread (Volatile) ±0.0704

October Spread (Stable) ±0.0168

Growth Streaks & Declines

Trends

Between August and October, 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 April and May, when the average rate fell by 0.0500 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0500

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2012: 1.7809) against the same month in 2011 (average: 1.9434), the exchange rate shifted by -0.1626 (-8.37%).

2012 Avg (January) 1.7809

2011 Avg (January) 1.9434

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.8031	1.7595	1.7809
February	1.8004	1.7694	1.7886
March	1.7851	1.7558	1.7701
April	1.7777	1.7149	1.7434
May	1.7165	1.6767	1.6934
June	1.6854	1.6564	1.6709
July	1.6816	1.6112	1.6280
August	1.6377	1.6121	1.6243
September	1.6731	1.6303	1.6525
October	1.6609	1.6441	1.6530
November	1.6546	1.6277	1.6408
December	1.6542	1.6343	1.6444