YEARLY HIGH
0.1248 BHD
YEARLY LOW
0.1180 BHD
YEARLY AVERAGE
0.1211 BHD

2024 TND to BHD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TND to BHD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 25, valuing the pair at 0.1248. Conversely, the yearly low was recorded on December 28, dropping to 0.1180.

This high-to-low spread represents a total annual volatility of 0.0068 BHD. From a start-to-finish perspective, comparing the January average rate of 0.1215 to the December average rate of 0.1190, the exchange rate registered a net change of -2.03% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1248 was up 0.23% compared to the 2023 peak of 0.1245, 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 624 BHD
2023 Average 607 BHD
Yearly Trough Low 590 BHD
Transaction Impact: A difference of 34.01 BHD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1244
0.1185
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 0.1208, compared to 0.1215 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.1208
H2 Avg (Jul–Dec) 0.1215

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0033 BHD (High: 0.1218 / Low: 0.1185). On the other end, September was the most stable month, with a tight range of 0.0015 BHD (High: 0.1248 / Low: 0.1233).

November Spread (Volatile) ±0.0033
September Spread (Stable) ±0.0015

Growth Streaks & Declines

Trends

Between June and September, 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 October and November, when the average rate fell by 0.0020 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0020

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.1239) against the same month in 2023 (average: 0.1201), the exchange rate shifted by +0.0038 (+3.18%).

2024 Avg (September) 0.1239
2023 Avg (September) 0.1201

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1233 0.1208 0.1215
February 0.1212 0.1196 0.1205
March 0.1219 0.1203 0.1212
April 0.1212 0.1191 0.1202
May 0.1215 0.1198 0.1206
June 0.1219 0.1197 0.1206
July 0.1220 0.1199 0.1210
August 0.1241 0.1210 0.1227
September 0.1248 0.1233 0.1239
October 0.1238 0.1212 0.1222
November 0.1218 0.1185 0.1201
December 0.1202 0.1180 0.1190