2016 TND to PEN Historical Review

YEARLY HIGH

1.7542 PEN

YEARLY LOW

1.4459 PEN

YEARLY AVERAGE

1.5768 PEN

2016 TND to PEN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the TND to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 14, valuing the pair at 1.7542. Conversely, the yearly low was recorded on December 27, dropping to 1.4459.

This high-to-low spread represents a total annual volatility of 0.3083 PEN. From a start-to-finish perspective, comparing the January average rate of 1.6818 to the December average rate of 1.4704, the exchange rate registered a net change of -12.57% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 1.7542 was up 2.15% compared to the 2015 peak of 1.7173, 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 8,771 PEN

2015 Average 8,113 PEN

Yearly Trough Low 7,230 PEN

Transaction Impact: A difference of 1,541.27 PEN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1.7594

1.4441

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 1.6499, compared to 1.5036 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1463 points.

H1 Avg (Jan–Jun) 1.6499

H2 Avg (Jul–Dec) 1.5036

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.0908 PEN (High: 1.5897 / Low: 1.4990). On the other end, September was the most stable month, with a tight range of 0.0240 PEN (High: 1.5436 / Low: 1.5196).

June Spread (Volatile) ±0.0908

September Spread (Stable) ±0.0240

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 May and June, when the average rate fell by 0.0856 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0856

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2016: 1.7332) against the same month in 2015 (average: 1.5943), the exchange rate shifted by +0.1389 (+8.71%).

2016 Avg (February) 1.7332

2015 Avg (February) 1.5943

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.7011	1.6630	1.6818
February	1.7542	1.7031	1.7332
March	1.7179	1.6497	1.6810
April	1.6852	1.6119	1.6408
May	1.6629	1.5943	1.6242
June	1.5897	1.4990	1.5386
July	1.5151	1.4810	1.4933
August	1.5322	1.4964	1.5134
September	1.5436	1.5196	1.5334
October	1.5408	1.4860	1.5146
November	1.5199	1.4706	1.4965
December	1.4917	1.4459	1.4704