2017 TOP to TND Historical Review

YEARLY HIGH

1.1230 TND

YEARLY LOW

0.9813 TND

YEARLY AVERAGE

1.0637 TND

2017 TOP to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the TOP to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on November 7, valuing the pair at 1.1230. Conversely, the yearly low was recorded on March 26, dropping to 0.9813.

This high-to-low spread represents a total annual volatility of 0.1417 TND. From a start-to-finish perspective, comparing the January average rate of 1.0011 to the December average rate of 1.0876, the exchange rate registered a net change of 8.63% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 1.1230 was up 8.65% compared to the 2016 peak of 1.0336, 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 5,615 TND

2016 Average 4,766 TND

Yearly Trough Low 4,907 TND

Transaction Impact: A difference of 708.38 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1.1212

0.9890

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 1.0277, compared to 1.0996 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0719 points.

H1 Avg (Jan–Jun) 1.0277

H2 Avg (Jul–Dec) 1.0996

Volatility Range Comparison

Volatility

The most volatile month in 2017 was April, with a trading range of 0.1007 TND (High: 1.0906 / Low: 0.9899). On the other end, October was the most stable month, with a tight range of 0.0193 TND (High: 1.1199 / Low: 1.1006).

April Spread (Volatile) ±0.1007

October Spread (Stable) ±0.0193

Growth Streaks & Declines

Trends

Between March and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0124 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0124

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2017: 1.1000) against the same month in 2016 (average: 1.0152), the exchange rate shifted by +0.0848 (+8.35%).

2017 Avg (November) 1.1000

2016 Avg (November) 1.0152

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0141	0.9907	1.0011
February	1.0276	0.9951	1.0124
March	1.0304	0.9813	1.0000
April	1.0906	0.9899	1.0265
May	1.0714	1.0268	1.0485
June	1.0988	1.0576	1.0779
July	1.1132	1.0754	1.0921
August	1.1211	1.0845	1.1006
September	1.1175	1.0924	1.1070
October	1.1199	1.1006	1.1102
November	1.1230	1.0758	1.1000
December	1.1013	1.0790	1.0876