2024 TND to BIF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 TND to BIF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the TND to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on September 25, valuing the pair at 960.2576. Conversely, the yearly low was recorded on April 17, dropping to 903.3927.
This high-to-low spread represents a total annual volatility of 56.8649 BIF. From a start-to-finish perspective, comparing the January average rate of 919.5434 to the December average rate of 930.5203, the exchange rate registered a net change of 1.19% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 960.2576 was up 2.43% compared to the 2023 peak of 937.4484, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 TND based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
TND to BIF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 917.8148, compared to 936.4012 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 18.5864 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was November, with a trading range of 33.8688 BIF (High: 947.0014 / Low: 913.1326). On the other end, May was the most stable month, with a tight range of 13.1216 BIF (High: 924.5377 / Low: 911.4161).
Growth Streaks & Declines
TrendsBetween April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 10.4723 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2024: 952.0091) against the same month in 2023 (average: 903.8013), the exchange rate shifted by +48.2078 (+5.33%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 932.2183 | 914.5618 | 919.5434 |
| February | 922.4041 | 907.6354 | 914.2110 |
| March | 926.5610 | 912.6821 | 920.3283 |
| April | 920.5506 | 903.3927 | 913.5833 |
| May | 924.5377 | 911.4161 | 918.7098 |
| June | 929.5319 | 914.3200 | 920.5129 |
| July | 931.9913 | 915.4600 | 924.6844 |
| August | 950.9354 | 924.2058 | 938.5120 |
| September | 960.2576 | 944.3877 | 952.0091 |
| October | 958.3877 | 932.5500 | 941.5770 |
| November | 947.0014 | 913.1326 | 931.1046 |
| December | 943.8115 | 917.4603 | 930.5203 |