2017 TND to PEN Historical Review

YEARLY HIGH

1.4753 PEN

YEARLY LOW

1.2804 PEN

YEARLY AVERAGE

1.3553 PEN

2017 TND to PEN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the TND to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 1.4753. Conversely, the yearly low was recorded on November 7, dropping to 1.2804.

This high-to-low spread represents a total annual volatility of 0.1948 PEN. From a start-to-finish perspective, comparing the January average rate of 1.4489 to the December average rate of 1.3040, the exchange rate registered a net change of -10.00% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 1.4753 was down 15.90% compared to the 2016 peak of 1.7542, 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 7,376 PEN

2016 Average 7,881 PEN

Yearly Trough Low 6,402 PEN

Transaction Impact: A difference of 974.14 PEN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1.4638

1.2848

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 1.3933, compared to 1.3173 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0760 points.

H1 Avg (Jan–Jun) 1.3933

H2 Avg (Jul–Dec) 1.3173

Volatility Range Comparison

Volatility

The most volatile month in 2017 was April, with a trading range of 0.1305 PEN (High: 1.4252 / Low: 1.2947). On the other end, September was the most stable month, with a tight range of 0.0270 PEN (High: 1.3418 / Low: 1.3148).

April Spread (Volatile) ±0.1305

September Spread (Stable) ±0.0270

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2017. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0473 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0473

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 1.4489) against the same month in 2016 (average: 1.6818), the exchange rate shifted by -0.2329 (-13.85%).

2017 Avg (January) 1.4489

2016 Avg (January) 1.6818

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.4753	1.4226	1.4489
February	1.4400	1.4109	1.4245
March	1.4414	1.4090	1.4272
April	1.4252	1.2947	1.3799
May	1.3708	1.3111	1.3475
June	1.3480	1.3071	1.3317
July	1.3622	1.3091	1.3296
August	1.3571	1.3172	1.3364
September	1.3418	1.3148	1.3253
October	1.3262	1.2857	1.3088
November	1.3627	1.2804	1.2997
December	1.3237	1.2842	1.3040