2014 TND to SZL Historical Review

YEARLY HIGH

7.0095 SZL

YEARLY LOW

5.9460 SZL

YEARLY AVERAGE

6.4022 SZL

2014 TND to SZL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the TND to SZL exchange rate experienced significant fluctuation. The market reached its absolute peak on February 2, valuing the pair at 7.0095. Conversely, the yearly low was recorded on November 23, dropping to 5.9460.

This high-to-low spread represents a total annual volatility of 1.0635 SZL. From a start-to-finish perspective, comparing the January average rate of 6.6058 to the December average rate of 6.1953, the exchange rate registered a net change of -6.22% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 7.0095 was up 9.77% compared to the 2013 peak of 6.3855, 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 35,047 SZL

2013 Average 29,665 SZL

Yearly Trough Low 29,730 SZL

Transaction Impact: A difference of 5,317.50 SZL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

6.9909

5.9601

JanuMarcMayJulySeptNove

TND to SZL 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 6.6361, compared to 6.1684 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4677 points.

H1 Avg (Jan–Jun) 6.6361

H2 Avg (Jul–Dec) 6.1684

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.6036 SZL (High: 7.0014 / Low: 6.3979). On the other end, April was the most stable month, with a tight range of 0.1377 SZL (High: 6.7144 / Low: 6.5767).

January Spread (Volatile) ±0.6036

April Spread (Stable) ±0.1377

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2014. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.2132 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.2132

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2014: 6.9050) against the same month in 2013 (average: 5.7079), the exchange rate shifted by +1.1971 (+20.97%).

2014 Avg (February) 6.9050

2013 Avg (February) 5.7079

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	7.0014	6.3979	6.6058
February	7.0095	6.7763	6.9050
March	6.9059	6.6739	6.8110
April	6.7144	6.5767	6.6409
May	6.5668	6.3266	6.4277
June	6.5687	6.2882	6.4261
July	6.3683	6.1028	6.2343
August	6.2569	6.1107	6.1882
September	6.2840	6.0789	6.1974
October	6.2480	6.0184	6.1491
November	6.1280	5.9460	6.0460
December	6.3376	5.9913	6.1953