2024 TND to BGN Historical Review

YEARLY HIGH

0.5955 BGN

YEARLY LOW

0.5726 BGN

YEARLY AVERAGE

0.5810 BGN

2024 TND to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TND to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on November 22, valuing the pair at 0.5955. Conversely, the yearly low was recorded on September 24, dropping to 0.5726.

This high-to-low spread represents a total annual volatility of 0.0230 BGN. From a start-to-finish perspective, comparing the January average rate of 0.5778 to the December average rate of 0.5895, the exchange rate registered a net change of 2.03% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.5955 was up 0.08% compared to the 2023 peak of 0.5951, 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 2,978 BGN

2023 Average 2,913 BGN

Yearly Trough Low 2,863 BGN

Transaction Impact: A difference of 114.90 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.5907

0.5766

JanuMarcMayJulySeptNove

TND to BGN 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 0.5797, 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 0.0027 points.

H1 Avg (Jan–Jun) 0.5797

H2 Avg (Jul–Dec) 0.5823

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0168 BGN (High: 0.5955 / Low: 0.5787). On the other end, February was the most stable month, with a tight range of 0.0046 BGN (High: 0.5819 / Low: 0.5773).

November Spread (Volatile) ±0.0168

February Spread (Stable) ±0.0046

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 0.0027 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0027

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 0.5867) against the same month in 2023 (average: 0.5776), the exchange rate shifted by +0.0091 (+1.57%).

2024 Avg (November) 0.5867

2023 Avg (November) 0.5776

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5818	0.5754	0.5778
February	0.5819	0.5773	0.5793
March	0.5855	0.5751	0.5788
April	0.5915	0.5756	0.5815
May	0.5824	0.5756	0.5791
June	0.5841	0.5782	0.5816
July	0.5832	0.5732	0.5789
August	0.5834	0.5749	0.5781
September	0.5819	0.5726	0.5792
October	0.5852	0.5793	0.5818
November	0.5955	0.5787	0.5867
December	0.5933	0.5865	0.5895