2014 TND to BWP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2014.
2014 TND to BWP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2014
During 2014, the TND to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 2, valuing the pair at 5.6998. Conversely, the yearly low was recorded on November 23, dropping to 4.9867.
This high-to-low spread represents a total annual volatility of 0.7132 BWP. From a start-to-finish perspective, comparing the January average rate of 5.4335 to the December average rate of 5.0930, the exchange rate registered a net change of -6.27% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2014 high of 5.6998 was up 6.61% compared to the 2013 peak of 5.3465, 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 2014.
TND to BWP 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 5.4840, compared to 5.1108 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3732 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2014 was January, with a trading range of 0.3985 BWP (High: 5.6938 / Low: 5.2953). On the other end, September was the most stable month, with a tight range of 0.0788 BWP (High: 5.1625 / Low: 5.0837).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2014. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.1553 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2014: 5.6482) against the same month in 2013 (average: 5.1424), the exchange rate shifted by +0.5058 (+9.84%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 5.6938 | 5.2953 | 5.4335 |
| February | 5.6998 | 5.5879 | 5.6482 |
| March | 5.6791 | 5.5403 | 5.6103 |
| April | 5.5668 | 5.4607 | 5.5159 |
| May | 5.4551 | 5.3252 | 5.3737 |
| June | 5.4327 | 5.2112 | 5.3225 |
| July | 5.2534 | 5.0992 | 5.1672 |
| August | 5.1974 | 5.1052 | 5.1493 |
| September | 5.1625 | 5.0837 | 5.1328 |
| October | 5.1354 | 5.0183 | 5.0877 |
| November | 5.0827 | 4.9867 | 5.0347 |
| December | 5.1628 | 5.0016 | 5.0930 |