2018 TND to TOP Historical Review

YEARLY HIGH

0.9406 TOP

YEARLY LOW

0.7547 TOP

YEARLY AVERAGE

0.8662 TOP

2018 TND to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the TND to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 15, valuing the pair at 0.9406. Conversely, the yearly low was recorded on December 16, dropping to 0.7547.

This high-to-low spread represents a total annual volatility of 0.1859 TOP. From a start-to-finish perspective, comparing the January average rate of 0.9190 to the December average rate of 0.7741, the exchange rate registered a net change of -15.76% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.9406 was down 7.70% compared to the 2017 peak of 1.0190, 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 4,703 TOP

2017 Average 4,707 TOP

Yearly Trough Low 3,774 TOP

Transaction Impact: A difference of 929.42 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.9403

0.7590

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 0.9111, compared to 0.8213 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0898 points.

H1 Avg (Jan–Jun) 0.9111

H2 Avg (Jul–Dec) 0.8213

Volatility Range Comparison

Volatility

The most volatile month in 2018 was May, with a trading range of 0.0462 TOP (High: 0.9213 / Low: 0.8751). On the other end, September was the most stable month, with a tight range of 0.0124 TOP (High: 0.8367 / Low: 0.8244).

May Spread (Volatile) ±0.0462

September Spread (Stable) ±0.0124

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 July and August, when the average rate fell by 0.0361 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0361

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 0.9244) against the same month in 2017 (average: 0.9878), the exchange rate shifted by -0.0634 (-6.41%).

2018 Avg (February) 0.9244

2017 Avg (February) 0.9878

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9346	0.8979	0.9190
February	0.9406	0.9135	0.9244
March	0.9376	0.9147	0.9252
April	0.9308	0.9021	0.9160
May	0.9213	0.8751	0.8987
June	0.8931	0.8737	0.8830
July	0.8883	0.8579	0.8780
August	0.8596	0.8303	0.8419
September	0.8367	0.8244	0.8314
October	0.8218	0.7996	0.8119
November	0.8047	0.7838	0.7904
December	0.7838	0.7547	0.7741