2023 TND to BHD Historical Review

YEARLY HIGH

0.1245 BHD

YEARLY LOW

0.1183 BHD

YEARLY AVERAGE

0.1214 BHD

2023 TND to BHD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TND to BHD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 13, valuing the pair at 0.1245. Conversely, the yearly low was recorded on October 4, dropping to 0.1183.

This high-to-low spread represents a total annual volatility of 0.0063 BHD. From a start-to-finish perspective, comparing the January average rate of 0.1220 to the December average rate of 0.1217, the exchange rate registered a net change of -0.22% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1245 was down 5.83% compared to the 2022 peak of 0.1323, 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 623 BHD

2022 Average 613 BHD

Yearly Trough Low 591 BHD

Transaction Impact: A difference of 31.43 BHD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1235

0.1184

JanuMarcMayJulySeptNove

TND to BHD 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 0.1219, compared to 0.1210 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.1219

H2 Avg (Jul–Dec) 0.1210

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0049 BHD (High: 0.1238 / Low: 0.1189). On the other end, October was the most stable month, with a tight range of 0.0014 BHD (High: 0.1196 / Low: 0.1183).

March Spread (Volatile) ±0.0049

October Spread (Stable) ±0.0014

Growth Streaks & Declines

Trends

Between October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0019 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0019

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 0.1230) against the same month in 2022 (average: 0.1258), the exchange rate shifted by -0.0027 (-2.17%).

2023 Avg (April) 0.1230

2022 Avg (April) 0.1258

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1236	0.1203	0.1220
February	0.1245	0.1196	0.1212
March	0.1238	0.1189	0.1207
April	0.1245	0.1203	0.1230
May	0.1243	0.1217	0.1229
June	0.1226	0.1211	0.1218
July	0.1244	0.1214	0.1228
August	0.1229	0.1211	0.1220
September	0.1219	0.1187	0.1201
October	0.1196	0.1183	0.1188
November	0.1217	0.1184	0.1204
December	0.1235	0.1204	0.1217