YEARLY HIGH
8.4723 TND
YEARLY LOW
8.0106 TND
YEARLY AVERAGE
8.2568 TND

2024 BHD to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BHD to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 8.4723. Conversely, the yearly low was recorded on September 25, dropping to 8.0106.

This high-to-low spread represents a total annual volatility of 0.4617 TND. From a start-to-finish perspective, comparing the January average rate of 8.2330 to the December average rate of 8.4037, the exchange rate registered a net change of 2.07% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 8.4723 was up 0.19% compared to the 2023 peak of 8.4561, 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 42,361 TND
2023 Average 41,175 TND
Yearly Trough Low 40,053 TND
Transaction Impact: A difference of 2,308.31 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

8.4372
8.0350
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 8.2811, compared to 8.2326 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0486 points.

H1 Avg (Jan–Jun) 8.2811
H2 Avg (Jul–Dec) 8.2326

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.2282 TND (High: 8.4357 / Low: 8.2075). On the other end, September was the most stable month, with a tight range of 0.0984 TND (High: 8.1091 / Low: 8.0106).

November Spread (Volatile) ±0.2282
September Spread (Stable) ±0.0984

Growth Streaks & Declines

Trends

Between September and December, 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 July and August, when the average rate fell by 0.1121 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1121

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 8.4037) against the same month in 2023 (average: 8.2186), the exchange rate shifted by +0.1851 (+2.25%).

2024 Avg (December) 8.4037
2023 Avg (December) 8.2186

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 8.2792 8.1088 8.2330
February 8.3585 8.2480 8.2997
March 8.3129 8.2014 8.2500
April 8.3933 8.2520 8.3209
May 8.3483 8.2329 8.2907
June 8.3570 8.2039 8.2924
July 8.3383 8.1965 8.2619
August 8.2671 8.0605 8.1497
September 8.1091 8.0106 8.0685
October 8.2512 8.0784 8.1864
November 8.4357 8.2075 8.3252
December 8.4723 8.3175 8.4037