2014 TND to WST Historical Review

YEARLY HIGH

1.4841 WST

YEARLY LOW

1.2870 WST

YEARLY AVERAGE

1.3781 WST

2014 TND to WST Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the TND to WST exchange rate experienced significant fluctuation. The market reached its absolute peak on March 6, valuing the pair at 1.4841. Conversely, the yearly low was recorded on December 23, dropping to 1.2870.

This high-to-low spread represents a total annual volatility of 0.1972 WST. From a start-to-finish perspective, comparing the January average rate of 1.4183 to the December average rate of 1.2936, the exchange rate registered a net change of -8.79% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 1.4841 was down 0.12% compared to the 2013 peak of 1.4859, 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 7,421 WST

2013 Average 7,119 WST

Yearly Trough Low 6,435 WST

Transaction Impact: A difference of 985.91 WST purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

1.4903

1.2757

JanuMarcMayJulySeptNove

TND to WST 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 1.4344, compared to 1.3217 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1127 points.

H1 Avg (Jan–Jun) 1.4344

H2 Avg (Jul–Dec) 1.3217

Volatility Range Comparison

Volatility

The most volatile month in 2014 was June, with a trading range of 0.0626 WST (High: 1.4196 / Low: 1.3570). On the other end, December was the most stable month, with a tight range of 0.0173 WST (High: 1.3043 / Low: 1.2870).

June Spread (Volatile) ±0.0626

December Spread (Stable) ±0.0173

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 0.0446 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0446

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2014: 1.4725) against the same month in 2013 (average: 1.4512), the exchange rate shifted by +0.0212 (+1.46%).

2014 Avg (March) 1.4725

2013 Avg (March) 1.4512

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.4611	1.4010	1.4183
February	1.4815	1.4567	1.4699
March	1.4841	1.4525	1.4725
April	1.4568	1.4333	1.4462
May	1.4304	1.3956	1.4126
June	1.4196	1.3570	1.3870
July	1.3619	1.3284	1.3424
August	1.3528	1.3249	1.3410
September	1.3324	1.3114	1.3236
October	1.3328	1.3078	1.3202
November	1.3332	1.2965	1.3095
December	1.3043	1.2870	1.2936