2012 VEF to TND Historical Review

YEARLY HIGH

0.3811 TND

YEARLY LOW

0.3468 TND

YEARLY AVERAGE

0.3637 TND

2012 VEF to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the VEF to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on July 24, valuing the pair at 0.3811. Conversely, the yearly low was recorded on February 26, dropping to 0.3468.

This high-to-low spread represents a total annual volatility of 0.0343 TND. From a start-to-finish perspective, comparing the January average rate of 0.3522 to the December average rate of 0.3636, the exchange rate registered a net change of 3.23% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2012 high of 0.3811 was up 8.98% compared to the 2011 peak of 0.3497, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,906 TND

2011 Average 1,637 TND

Yearly Trough Low 1,734 TND

Transaction Impact: A difference of 171.38 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

0.3800

0.3467

JanuMarcMayJulySeptNove

VEF 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 0.3580, compared to 0.3695 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0115 points.

H1 Avg (Jan–Jun) 0.3580

H2 Avg (Jul–Dec) 0.3695

Volatility Range Comparison

Volatility

The most volatile month in 2012 was May, with a trading range of 0.0178 TND (High: 0.3761 / Low: 0.3584). On the other end, October was the most stable month, with a tight range of 0.0047 TND (High: 0.3676 / Low: 0.3630).

May Spread (Volatile) ±0.0178

October Spread (Stable) ±0.0047

Growth Streaks & Declines

Trends

Between February and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0084 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0084

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2012: 0.3772) against the same month in 2011 (average: 0.3208), the exchange rate shifted by +0.0565 (+17.61%).

2012 Avg (July) 0.3772

2011 Avg (July) 0.3208

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3565	0.3482	0.3522
February	0.3534	0.3468	0.3495
March	0.3544	0.3488	0.3516
April	0.3586	0.3497	0.3550
May	0.3761	0.3584	0.3668
June	0.3774	0.3680	0.3727
July	0.3811	0.3681	0.3772
August	0.3791	0.3717	0.3754
September	0.3723	0.3618	0.3670
October	0.3676	0.3630	0.3650
November	0.3712	0.3655	0.3689
December	0.3668	0.3608	0.3636