YEARLY HIGH
0.0308 TND
YEARLY LOW
0.0299 TND
YEARLY AVERAGE
0.0305 TND

2024 CVE to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CVE to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on July 17, valuing the pair at 0.0308. Conversely, the yearly low was recorded on November 23, dropping to 0.0299.

This high-to-low spread represents a total annual volatility of 0.0010 TND. From a start-to-finish perspective, comparing the January average rate of 0.0307 to the December average rate of 0.0301, the exchange rate registered a net change of -1.89% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0308 was down 1.12% compared to the 2023 peak of 0.0312, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 154 TND
2023 Average 152 TND
Yearly Trough Low 149 TND
Transaction Impact: A difference of 4.99 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0307
0.0300
JanuMarcMayJulySeptNove

CVE 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 0.0306, compared to 0.0304 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0306
H2 Avg (Jul–Dec) 0.0304

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0009 TND (High: 0.0308 / Low: 0.0299). On the other end, January was the most stable month, with a tight range of 0.0003 TND (High: 0.0308 / Low: 0.0305).

November Spread (Volatile) ±0.0009
January Spread (Stable) ±0.0003

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 October and November, when the average rate fell by 0.0002 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 0.0306) against the same month in 2023 (average: 0.0307), the exchange rate shifted by -0.0001 (-0.35%).

2024 Avg (July) 0.0306
2023 Avg (July) 0.0307

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0308 0.0305 0.0307
February 0.0307 0.0304 0.0306
March 0.0308 0.0303 0.0306
April 0.0308 0.0300 0.0305
May 0.0308 0.0302 0.0306
June 0.0307 0.0303 0.0305
July 0.0308 0.0304 0.0306
August 0.0308 0.0303 0.0306
September 0.0308 0.0304 0.0306
October 0.0306 0.0303 0.0305
November 0.0308 0.0299 0.0302
December 0.0303 0.0300 0.0301