2014 TND to STD Historical Review

YEARLY HIGH

11336.0297 STD

YEARLY LOW

10436.3199 STD

YEARLY AVERAGE

10888.7333 STD

2014 TND to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the TND to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 16, valuing the pair at 11336.0297. Conversely, the yearly low was recorded on July 19, dropping to 10436.3199.

This high-to-low spread represents a total annual volatility of 899.7098 STD. From a start-to-finish perspective, comparing the January average rate of 10955.2794 to the December average rate of 10720.0100, the exchange rate registered a net change of -2.15% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 11336.0297 was down 6.10% compared to the 2013 peak of 12072.4015, 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 56,680,149 STD

2013 Average 56,877,754 STD

Yearly Trough Low 52,181,599 STD

Transaction Impact: A difference of 4,498,549.22 STD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

11363.6251

10489.8539

JanuMarcMayJulySeptNove

TND to STD 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 11090.2320, compared to 10687.2345 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 402.9975 points.

H1 Avg (Jan–Jun) 11090.2320

H2 Avg (Jul–Dec) 10687.2345

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 448.9386 STD (High: 11252.0396 / Low: 10803.1010). On the other end, August was the most stable month, with a tight range of 65.3624 STD (High: 10711.6478 / Low: 10646.2853).

January Spread (Volatile) ±448.9386

August Spread (Stable) ±65.3624

Growth Streaks & Declines

Trends

Between July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 296.4526 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -296.4526

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2014: 11290.8108) against the same month in 2013 (average: 11780.2288), the exchange rate shifted by -489.4180 (-4.15%).

2014 Avg (February) 11290.8108

2013 Avg (February) 11780.2288

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	11252.0396	10803.1010	10955.2794
February	11336.0297	11167.0898	11290.8108
March	11321.7224	11174.8884	11241.1647
April	11251.9469	11036.7177	11174.2205
May	11058.5989	10919.2061	11020.7959
June	11042.5581	10677.7581	10859.1208
July	10663.0358	10436.3199	10562.6681
August	10711.6478	10646.2853	10673.1067
September	10774.8794	10658.9924	10717.7848
October	10834.9815	10673.9743	10727.9233
November	10767.0414	10662.0100	10721.9141
December	10810.5377	10631.4021	10720.0100