2014 TND to PHP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2014.
2014 TND to PHP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2014
During 2014, the TND to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 24, valuing the pair at 28.6344. Conversely, the yearly low was recorded on December 22, dropping to 23.9029.
This high-to-low spread represents a total annual volatility of 4.7315 PHP. From a start-to-finish perspective, comparing the January average rate of 27.3624 to the December average rate of 24.0623, the exchange rate registered a net change of -12.06% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2014 high of 28.6344 was up 5.34% compared to the 2013 peak of 27.1831, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 TND based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2014.
TND to PHP Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 27.5872, compared to 24.8695 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.7177 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2014 was January, with a trading range of 1.3350 PHP (High: 28.2504 / Low: 26.9154). On the other end, February was the most stable month, with a tight range of 0.2352 PHP (High: 28.3093 / Low: 28.0740).
Growth Streaks & Declines
TrendsBetween January and March, 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 0.9664 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2014: 28.3938) against the same month in 2013 (average: 25.7278), the exchange rate shifted by +2.6660 (+10.36%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 28.2504 | 26.9154 | 27.3624 |
| February | 28.3093 | 28.0740 | 28.2069 |
| March | 28.6344 | 28.2467 | 28.3938 |
| April | 28.3776 | 27.7647 | 28.0712 |
| May | 27.7810 | 26.7529 | 27.1048 |
| June | 26.8717 | 25.9714 | 26.3844 |
| July | 25.9331 | 25.0575 | 25.4221 |
| August | 25.6759 | 25.0407 | 25.4037 |
| September | 25.1013 | 24.6943 | 24.9450 |
| October | 25.0803 | 24.6705 | 24.8613 |
| November | 24.7121 | 24.3947 | 24.5228 |
| December | 24.3806 | 23.9029 | 24.0623 |