2014 BHD to TND Historical Review

YEARLY HIGH

4.9553 TND

YEARLY LOW

4.1602 TND

YEARLY AVERAGE

4.5044 TND

2014 BHD to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the BHD to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on December 23, valuing the pair at 4.9553. Conversely, the yearly low was recorded on March 10, dropping to 4.1602.

This high-to-low spread represents a total annual volatility of 0.7951 TND. From a start-to-finish perspective, comparing the January average rate of 4.3600 to the December average rate of 4.9249, the exchange rate registered a net change of 12.96% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 4.9553 was up 11.04% compared to the 2013 peak of 4.4626, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 24,776 TND

2013 Average 21,555 TND

Yearly Trough Low 20,801 TND

Transaction Impact: A difference of 3,975.31 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

4.9990

4.1091

JanuMarcMayJulySeptNove

BHD 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 4.2792, compared to 4.7296 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4504 points.

H1 Avg (Jan–Jun) 4.2792

H2 Avg (Jul–Dec) 4.7296

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.1566 TND (High: 4.7760 / Low: 4.6194). On the other end, March was the most stable month, with a tight range of 0.0447 TND (High: 4.2049 / Low: 4.1602).

September Spread (Volatile) ±0.1566

March Spread (Stable) ±0.0447

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 0.1413 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -0.1413

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 4.9249) against the same month in 2013 (average: 4.4040), the exchange rate shifted by +0.5208 (+11.83%).

2014 Avg (December) 4.9249

2013 Avg (December) 4.4040

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	4.4008	4.2573	4.3600
February	4.2601	4.1831	4.2188
March	4.2049	4.1602	4.1833
April	4.2510	4.1900	4.2140
May	4.3324	4.2454	4.2963
June	4.4695	4.3266	4.4028
July	4.5797	4.4624	4.5373
August	4.6206	4.5400	4.5716
September	4.7760	4.6194	4.6989
October	4.8262	4.7531	4.7814
November	4.8852	4.8253	4.8633
December	4.9553	4.8801	4.9249