2014 TND to SAR Historical Review

YEARLY HIGH

2.3909 SAR

YEARLY LOW

2.0089 SAR

YEARLY AVERAGE

2.2157 SAR

2014 TND to SAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the TND to SAR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 12, valuing the pair at 2.3909. Conversely, the yearly low was recorded on December 23, dropping to 2.0089.

This high-to-low spread represents a total annual volatility of 0.3820 SAR. From a start-to-finish perspective, comparing the January average rate of 2.2821 to the December average rate of 2.0214, the exchange rate registered a net change of -11.42% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 2.3909 was down 2.02% compared to the 2013 peak of 2.4402, 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 11,954 SAR

2013 Average 11,544 SAR

Yearly Trough Low 10,044 SAR

Transaction Impact: A difference of 1,910.05 SAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

2.4137

1.9857

JanuMarcMayJulySeptNove

TND to SAR 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 2.3257, compared to 2.1058 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2199 points.

H1 Avg (Jan–Jun) 2.3257

H2 Avg (Jul–Dec) 2.1058

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.0764 SAR (High: 2.3367 / Low: 2.2603). On the other end, November was the most stable month, with a tight range of 0.0241 SAR (High: 2.0612 / Low: 2.0371).

January Spread (Volatile) ±0.0764

November Spread (Stable) ±0.0241

Growth Streaks & Declines

Trends

Between 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 June and July, when the average rate fell by 0.0671 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0671

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2014: 2.3781) against the same month in 2013 (average: 2.3685), the exchange rate shifted by +0.0096 (+0.40%).

2014 Avg (March) 2.3781

2013 Avg (March) 2.3685

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.3367	2.2603	2.2821
February	2.3779	2.3344	2.3581
March	2.3909	2.3662	2.3781
April	2.3738	2.3400	2.3604
May	2.3431	2.2962	2.3156
June	2.2994	2.2257	2.2597
July	2.2292	2.1723	2.1926
August	2.1911	2.1525	2.1758
September	2.1536	2.0827	2.1172
October	2.0932	2.0618	2.0811
November	2.0612	2.0371	2.0467
December	2.0399	2.0089	2.0214