2015 TOP to TND Historical Review

YEARLY HIGH

0.9934 TND

YEARLY LOW

0.8590 TND

YEARLY AVERAGE

0.9269 TND

2015 TOP to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the TOP to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on March 8, valuing the pair at 0.9934. Conversely, the yearly low was recorded on August 24, dropping to 0.8590.

This high-to-low spread represents a total annual volatility of 0.1344 TND. From a start-to-finish perspective, comparing the January average rate of 0.9635 to the December average rate of 0.9033, the exchange rate registered a net change of -6.24% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.9934 was up 4.07% compared to the 2014 peak of 0.9545, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 TOP based on timing:

Yearly Peak High 4,967 TND

2014 Average 4,498 TND

Yearly Trough Low 4,295 TND

Transaction Impact: A difference of 672.24 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.9821

0.8701

JanuMarcMayJulySeptNove

TOP to TND 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 0.9574, compared to 0.8964 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0610 points.

H1 Avg (Jan–Jun) 0.9574

H2 Avg (Jul–Dec) 0.8964

Volatility Range Comparison

Volatility

The most volatile month in 2015 was June, with a trading range of 0.0583 TND (High: 0.9559 / Low: 0.8976). On the other end, November was the most stable month, with a tight range of 0.0228 TND (High: 0.9250 / Low: 0.9021).

June Spread (Volatile) ±0.0583

November Spread (Stable) ±0.0228

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2015. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0304 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0304

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2015: 0.9728) against the same month in 2014 (average: 0.8496), the exchange rate shifted by +0.1231 (+14.49%).

2015 Avg (March) 0.9728

2014 Avg (March) 0.8496

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9806	0.9471	0.9635
February	0.9770	0.9452	0.9614
March	0.9934	0.9557	0.9728
April	0.9788	0.9459	0.9644
May	0.9725	0.9391	0.9541
June	0.9559	0.8976	0.9282
July	0.9262	0.8865	0.9098
August	0.8917	0.8590	0.8794
September	0.9128	0.8590	0.8885
October	0.9058	0.8677	0.8823
November	0.9250	0.9021	0.9152
December	0.9184	0.8846	0.9033