2024 TND to BAM Historical Review

YEARLY HIGH

0.5923 BAM

YEARLY LOW

0.5746 BAM

YEARLY AVERAGE

0.5809 BAM

2024 TND to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TND to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on November 22, valuing the pair at 0.5923. Conversely, the yearly low was recorded on July 17, dropping to 0.5746.

This high-to-low spread represents a total annual volatility of 0.0177 BAM. From a start-to-finish perspective, comparing the January average rate of 0.5775 to the December average rate of 0.5891, the exchange rate registered a net change of 2.02% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.5923 was down 0.78% compared to the 2023 peak of 0.5970, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,962 BAM

2023 Average 2,913 BAM

Yearly Trough Low 2,873 BAM

Transaction Impact: A difference of 88.70 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.5903

0.5763

JanuMarcMayJulySeptNove

TND to BAM 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 0.5795, compared to 0.5823 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0028 points.

H1 Avg (Jan–Jun) 0.5795

H2 Avg (Jul–Dec) 0.5823

Volatility Range Comparison

Volatility

The most volatile month in 2024 was April, with a trading range of 0.0147 BAM (High: 0.5893 / Low: 0.5746). On the other end, December was the most stable month, with a tight range of 0.0059 BAM (High: 0.5915 / Low: 0.5856).

April Spread (Volatile) ±0.0147

December Spread (Stable) ±0.0059

Growth Streaks & Declines

Trends

Between August and December, 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 June and July, when the average rate fell by 0.0026 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0026

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 0.5862) against the same month in 2023 (average: 0.5781), the exchange rate shifted by +0.0081 (+1.41%).

2024 Avg (November) 0.5862

2023 Avg (November) 0.5781

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5813	0.5752	0.5775
February	0.5832	0.5769	0.5790
March	0.5847	0.5759	0.5789
April	0.5893	0.5746	0.5810
May	0.5825	0.5763	0.5793
June	0.5847	0.5780	0.5815
July	0.5826	0.5746	0.5789
August	0.5831	0.5751	0.5788
September	0.5825	0.5753	0.5790
October	0.5850	0.5789	0.5817
November	0.5923	0.5790	0.5862
December	0.5915	0.5856	0.5891