2013 TND to PEN Historical Review

YEARLY HIGH

1.7229 PEN

YEARLY LOW

1.5683 PEN

YEARLY AVERAGE

1.6626 PEN

2013 TND to PEN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the TND to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 21, valuing the pair at 1.7229. Conversely, the yearly low was recorded on May 10, dropping to 1.5683.

This high-to-low spread represents a total annual volatility of 0.1546 PEN. From a start-to-finish perspective, comparing the January average rate of 1.6399 to the December average rate of 1.6784, the exchange rate registered a net change of 2.35% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2013 high of 1.7229 was down 4.44% compared to the 2012 peak of 1.8031, 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 8,615 PEN

2012 Average 8,452 PEN

Yearly Trough Low 7,842 PEN

Transaction Impact: A difference of 773.09 PEN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

1.7108

1.5960

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 1.6414, compared to 1.6838 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0423 points.

H1 Avg (Jan–Jun) 1.6414

H2 Avg (Jul–Dec) 1.6838

Volatility Range Comparison

Volatility

The most volatile month in 2013 was May, with a trading range of 0.0820 PEN (High: 1.6503 / Low: 1.5683). On the other end, November was the most stable month, with a tight range of 0.0159 PEN (High: 1.6844 / Low: 1.6685).

May Spread (Volatile) ±0.0820

November Spread (Stable) ±0.0159

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 0.0187 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0187

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2013: 1.7012) against the same month in 2012 (average: 1.6243), the exchange rate shifted by +0.0769 (+4.74%).

2013 Avg (August) 1.7012

2012 Avg (August) 1.6243

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.6703	1.6232	1.6399
February	1.6808	1.6382	1.6564
March	1.6575	1.6210	1.6386
April	1.6403	1.6158	1.6242
May	1.6503	1.5683	1.6055
June	1.7073	1.6526	1.6839
July	1.6912	1.6514	1.6717
August	1.7229	1.6864	1.7012
September	1.6987	1.6748	1.6852
October	1.6982	1.6771	1.6881
November	1.6844	1.6685	1.6779
December	1.7042	1.6550	1.6784