2012 TND to TOP Historical Review

YEARLY HIGH

1.1724 TOP

YEARLY LOW

1.0718 TOP

YEARLY AVERAGE

1.1132 TOP

2012 TND to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the TND to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 1.1724. Conversely, the yearly low was recorded on August 2, dropping to 1.0718.

This high-to-low spread represents a total annual volatility of 0.1006 TOP. From a start-to-finish perspective, comparing the January average rate of 1.1512 to the December average rate of 1.1146, the exchange rate registered a net change of -3.18% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2012 high of 1.1724 was down 14.17% compared to the 2011 peak of 1.3660, 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 5,862 TOP

2011 Average 6,242 TOP

Yearly Trough Low 5,359 TOP

Transaction Impact: A difference of 503.00 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

1.1576

1.0803

JanuMarcMayJulySeptNove

TND to TOP 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 1.1241, compared to 1.1024 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0217 points.

H1 Avg (Jan–Jun) 1.1241

H2 Avg (Jul–Dec) 1.1024

Volatility Range Comparison

Volatility

The most volatile month in 2012 was May, with a trading range of 0.0601 TOP (High: 1.1358 / Low: 1.0757). On the other end, December was the most stable month, with a tight range of 0.0148 TOP (High: 1.1207 / Low: 1.1059).

May Spread (Volatile) ±0.0601

December Spread (Stable) ±0.0148

Growth Streaks & Declines

Trends

Between August and October, 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 January and February, when the average rate fell by 0.0235 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0235

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2012: 1.1512) against the same month in 2011 (average: 1.2966), the exchange rate shifted by -0.1454 (-11.22%).

2012 Avg (January) 1.1512

2011 Avg (January) 1.2966

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.1724	1.1333	1.1512
February	1.1424	1.1135	1.1277
March	1.1311	1.1036	1.1175
April	1.1305	1.1048	1.1160
May	1.1358	1.0757	1.1143
June	1.1352	1.1092	1.1178
July	1.1347	1.0771	1.0980
August	1.0978	1.0718	1.0867
September	1.1177	1.0916	1.1062
October	1.1215	1.0918	1.1117
November	1.1290	1.0722	1.0972
December	1.1207	1.1059	1.1146