2018 TND to PEN Historical Review

YEARLY HIGH

1.3716 PEN

YEARLY LOW

1.1229 PEN

YEARLY AVERAGE

1.2524 PEN

2018 TND to PEN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the TND to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 15, valuing the pair at 1.3716. Conversely, the yearly low was recorded on December 16, dropping to 1.1229.

This high-to-low spread represents a total annual volatility of 0.2488 PEN. From a start-to-finish perspective, comparing the January average rate of 1.3153 to the December average rate of 1.1438, the exchange rate registered a net change of -13.04% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 1.3716 was down 7.02% compared to the 2017 peak of 1.4753, 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 6,858 PEN

2017 Average 6,775 PEN

Yearly Trough Low 5,614 PEN

Transaction Impact: A difference of 1,243.93 PEN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

1.3777

1.1225

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 1.3195, compared to 1.1853 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1342 points.

H1 Avg (Jan–Jun) 1.3195

H2 Avg (Jul–Dec) 1.1853

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 0.0676 PEN (High: 1.3486 / Low: 1.2810). On the other end, October was the most stable month, with a tight range of 0.0225 PEN (High: 1.1843 / Low: 1.1619).

January Spread (Volatile) ±0.0676

October Spread (Stable) ±0.0225

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2018. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0437 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0437

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 1.3564) against the same month in 2017 (average: 1.4245), the exchange rate shifted by -0.0681 (-4.78%).

2018 Avg (February) 1.3564

2017 Avg (February) 1.4245

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.3486	1.2810	1.3153
February	1.3716	1.3405	1.3564
March	1.3688	1.3234	1.3525
April	1.3520	1.2990	1.3306
May	1.3305	1.2754	1.2987
June	1.2782	1.2427	1.2638
July	1.2576	1.2129	1.2425
August	1.2177	1.1846	1.1989
September	1.2002	1.1772	1.1909
October	1.1843	1.1619	1.1736
November	1.1779	1.1539	1.1623
December	1.1621	1.1229	1.1438