2015 VEF to TND Historical Review

YEARLY HIGH

0.3269 TND

YEARLY LOW

0.2958 TND

YEARLY AVERAGE

0.3104 TND

2015 VEF to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the VEF to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on November 30, valuing the pair at 0.3269. Conversely, the yearly low was recorded on January 2, dropping to 0.2958.

This high-to-low spread represents a total annual volatility of 0.0311 TND. From a start-to-finish perspective, comparing the January average rate of 0.3023 to the December average rate of 0.3206, the exchange rate registered a net change of 6.05% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.3269 was up 10.46% compared to the 2014 peak of 0.2959, 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 1,635 TND

2014 Average 1,349 TND

Yearly Trough Low 1,479 TND

Transaction Impact: A difference of 155.46 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.3241

0.3003

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 0.3068, compared to 0.3141 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0073 points.

H1 Avg (Jan–Jun) 0.3068

H2 Avg (Jul–Dec) 0.3141

Volatility Range Comparison

Volatility

The most volatile month in 2015 was January, with a trading range of 0.0126 TND (High: 0.3084 / Low: 0.2958). On the other end, September was the most stable month, with a tight range of 0.0038 TND (High: 0.3115 / Low: 0.3077).

January Spread (Volatile) ±0.0126

September Spread (Stable) ±0.0038

Growth Streaks & Declines

Trends

Between August and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0032 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0032

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2015: 0.3221) against the same month in 2014 (average: 0.2912), the exchange rate shifted by +0.0309 (+10.60%).

2015 Avg (November) 0.3221

2014 Avg (November) 0.2912

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3084	0.2958	0.3023
February	0.3081	0.3037	0.3058
March	0.3166	0.3064	0.3106
April	0.3139	0.3029	0.3092
May	0.3120	0.3011	0.3060
June	0.3115	0.3049	0.3069
July	0.3139	0.3082	0.3112
August	0.3134	0.3020	0.3093
September	0.3115	0.3077	0.3100
October	0.3171	0.3073	0.3114
November	0.3269	0.3156	0.3221
December	0.3263	0.3180	0.3206