YEARLY HIGH
2.3711 TND
YEARLY LOW
2.2886 TND
YEARLY AVERAGE
2.3288 TND

2024 BND to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BND to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 2.3711. Conversely, the yearly low was recorded on April 15, dropping to 2.2886.

This high-to-low spread represents a total annual volatility of 0.0826 TND. From a start-to-finish perspective, comparing the January average rate of 2.3244 to the December average rate of 2.3465, the exchange rate registered a net change of 0.95% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.3711 was up 0.35% compared to the 2023 peak of 2.3629, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,856 TND
2023 Average 11,557 TND
Yearly Trough Low 11,443 TND
Transaction Impact: A difference of 412.82 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.3592
2.3069
JanuMarcMayJulySeptNove

BND 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 2.3176, compared to 2.3400 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0223 points.

H1 Avg (Jan–Jun) 2.3176
H2 Avg (Jul–Dec) 2.3400

Volatility Range Comparison

Volatility

The most volatile month in 2024 was September, with a trading range of 0.0418 TND (High: 2.3711 / Low: 2.3294). On the other end, May was the most stable month, with a tight range of 0.0182 TND (High: 2.3235 / Low: 2.3053).

September Spread (Volatile) ±0.0418
May Spread (Stable) ±0.0182

Growth Streaks & Declines

Trends

Between June and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0075 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0075

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 2.3448) against the same month in 2023 (average: 2.3033), the exchange rate shifted by +0.0415 (+1.80%).

2024 Avg (September) 2.3448
2023 Avg (September) 2.3033

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.3338 2.3046 2.3244
February 2.3384 2.3168 2.3264
March 2.3326 2.2946 2.3189
April 2.3272 2.2886 2.3129
May 2.3235 2.3053 2.3118
June 2.3256 2.2951 2.3113
July 2.3294 2.2990 2.3126
August 2.3479 2.3155 2.3330
September 2.3711 2.3294 2.3448
October 2.3667 2.3376 2.3548
November 2.3612 2.3346 2.3479
December 2.3545 2.3347 2.3465