2017 ZAR to TND Historical Review

YEARLY HIGH

0.2016 TND

YEARLY LOW

0.1652 TND

YEARLY AVERAGE

0.1812 TND

2017 ZAR to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the ZAR to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 0.2016. Conversely, the yearly low was recorded on April 10, dropping to 0.1652.

This high-to-low spread represents a total annual volatility of 0.0364 TND. From a start-to-finish perspective, comparing the January average rate of 0.1697 to the December average rate of 0.1904, the exchange rate registered a net change of 12.22% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.2016 was up 18.65% compared to the 2016 peak of 0.1699, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 ZAR based on timing:

Yearly Peak High 10,078 TND

2016 Average 7,338 TND

Yearly Trough Low 8,258 TND

Transaction Impact: A difference of 1,819.64 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.1925

0.1676

JanuMarcMayJulySeptNove

ZAR 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 0.1782, compared to 0.1841 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0059 points.

H1 Avg (Jan–Jun) 0.1782

H2 Avg (Jul–Dec) 0.1841

Volatility Range Comparison

Volatility

The most volatile month in 2017 was April, with a trading range of 0.0270 TND (High: 0.1921 / Low: 0.1652). On the other end, January was the most stable month, with a tight range of 0.0052 TND (High: 0.1721 / Low: 0.1669).

April Spread (Volatile) ±0.0270

January Spread (Stable) ±0.0052

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0047 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0047

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 0.1904) against the same month in 2016 (average: 0.1666), the exchange rate shifted by +0.0237 (+14.25%).

2017 Avg (December) 0.1904

2016 Avg (December) 0.1666

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1721	0.1669	0.1697
February	0.1781	0.1699	0.1736
March	0.1824	0.1693	0.1770
April	0.1921	0.1652	0.1756
May	0.1908	0.1757	0.1833
June	0.1970	0.1858	0.1902
July	0.1913	0.1795	0.1861
August	0.1870	0.1774	0.1832
September	0.1910	0.1819	0.1862
October	0.1862	0.1754	0.1814
November	0.1832	0.1728	0.1772
December	0.2016	0.1802	0.1904