YEARLY HIGH
2.3286 TND
YEARLY LOW
2.1934 TND
YEARLY AVERAGE
2.2710 TND

2024 CAD to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CAD to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on February 18, valuing the pair at 2.3286. Conversely, the yearly low was recorded on December 18, dropping to 2.1934.

This high-to-low spread represents a total annual volatility of 0.1352 TND. From a start-to-finish perspective, comparing the January average rate of 2.3127 to the December average rate of 2.2213, the exchange rate registered a net change of -3.95% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.3286 was down 1.09% compared to the 2023 peak of 2.3542, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 CAD based on timing:

Yearly Peak High 11,643 TND
2023 Average 11,493 TND
Yearly Trough Low 10,967 TND
Transaction Impact: A difference of 675.97 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.3278
2.2116
JanuMarcMayJulySeptNove

CAD to TND 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 2.2975, compared to 2.2445 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0529 points.

H1 Avg (Jan–Jun) 2.2975
H2 Avg (Jul–Dec) 2.2445

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0672 TND (High: 2.2814 / Low: 2.2142). On the other end, February was the most stable month, with a tight range of 0.0309 TND (High: 2.3286 / Low: 2.2977).

November Spread (Volatile) ±0.0672
February Spread (Stable) ±0.0309

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0241 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0241

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 2.3181) against the same month in 2023 (average: 2.3094), the exchange rate shifted by +0.0087 (+0.38%).

2024 Avg (February) 2.3181
2023 Avg (February) 2.3094

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.3270 2.2932 2.3127
February 2.3286 2.2977 2.3181
March 2.3169 2.2685 2.2957
April 2.3169 2.2575 2.2928
May 2.3026 2.2710 2.2856
June 2.2984 2.2513 2.2799
July 2.2989 2.2401 2.2701
August 2.2673 2.2291 2.2460
September 2.2760 2.2271 2.2438
October 2.2615 2.2246 2.2423
November 2.2814 2.2142 2.2438
December 2.2484 2.1934 2.2213