2024 ETB to TND Historical Review

YEARLY HIGH

0.0558 TND

YEARLY LOW

0.0248 TND

YEARLY AVERAGE

0.0429 TND

2024 ETB to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ETB to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 0.0558. Conversely, the yearly low was recorded on December 7, dropping to 0.0248.

This high-to-low spread represents a total annual volatility of 0.0310 TND. From a start-to-finish perspective, comparing the January average rate of 0.0550 to the December average rate of 0.0250, the exchange rate registered a net change of -54.51% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0558 was down 5.37% compared to the 2023 peak of 0.0589, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 279 TND

2023 Average 283 TND

Yearly Trough Low 124 TND

Transaction Impact: A difference of 155.07 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0583

0.0220

JanuMarcMayJulySeptNove

ETB 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 0.0548, compared to 0.0311 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0238 points.

H1 Avg (Jan–Jun) 0.0548

H2 Avg (Jul–Dec) 0.0311

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0137 TND (High: 0.0548 / Low: 0.0411). On the other end, December was the most stable month, with a tight range of 0.0008 TND (High: 0.0256 / Low: 0.0248).

July Spread (Volatile) ±0.0137

December Spread (Stable) ±0.0008

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 0.0233 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0233

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.0552) against the same month in 2023 (average: 0.0579), the exchange rate shifted by -0.0026 (-4.53%).

2024 Avg (February) 0.0552

2023 Avg (February) 0.0579

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0555	0.0543	0.0550
February	0.0558	0.0547	0.0552
March	0.0554	0.0545	0.0548
April	0.0557	0.0547	0.0551
May	0.0550	0.0540	0.0545
June	0.0549	0.0538	0.0543
July	0.0548	0.0411	0.0536
August	0.0394	0.0270	0.0302
September	0.0276	0.0252	0.0263
October	0.0261	0.0253	0.0256
November	0.0261	0.0249	0.0256
December	0.0256	0.0248	0.0250