2014 VEF to TND Historical Review

YEARLY HIGH

0.2959 TND

YEARLY LOW

0.2493 TND

YEARLY AVERAGE

0.2697 TND

2014 VEF to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the VEF to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on December 22, valuing the pair at 0.2959. Conversely, the yearly low was recorded on March 10, dropping to 0.2493.

This high-to-low spread represents a total annual volatility of 0.0466 TND. From a start-to-finish perspective, comparing the January average rate of 0.2612 to the December average rate of 0.2941, the exchange rate registered a net change of 12.58% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.2959 was down 19.95% compared to the 2013 peak of 0.3697, 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 1,480 TND

2013 Average 1,423 TND

Yearly Trough Low 1,247 TND

Transaction Impact: A difference of 233.12 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.2984

0.2463

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 0.2564, compared to 0.2831 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0267 points.

H1 Avg (Jan–Jun) 0.2564

H2 Avg (Jul–Dec) 0.2831

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.0092 TND (High: 0.2861 / Low: 0.2769). On the other end, March was the most stable month, with a tight range of 0.0026 TND (High: 0.2519 / Low: 0.2493).

September Spread (Volatile) ±0.0092

March Spread (Stable) ±0.0026

Growth Streaks & Declines

Trends

Between March and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0084 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -0.0084

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 0.2941) against the same month in 2013 (average: 0.2638), the exchange rate shifted by +0.0302 (+11.47%).

2014 Avg (December) 0.2941

2013 Avg (December) 0.2638

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2637	0.2551	0.2612
February	0.2552	0.2507	0.2528
March	0.2519	0.2493	0.2506
April	0.2547	0.2511	0.2525
May	0.2596	0.2544	0.2574
June	0.2678	0.2593	0.2637
July	0.2743	0.2674	0.2718
August	0.2769	0.2720	0.2739
September	0.2861	0.2769	0.2812
October	0.2881	0.2846	0.2863
November	0.2927	0.2891	0.2912
December	0.2959	0.2919	0.2941