YEARLY HIGH
0.2602 TND
YEARLY LOW
0.1886 TND
YEARLY AVERAGE
0.2171 TND

2024 GHS to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GHS to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.2602. Conversely, the yearly low was recorded on November 5, dropping to 0.1886.

This high-to-low spread represents a total annual volatility of 0.0716 TND. From a start-to-finish perspective, comparing the January average rate of 0.2576 to the December average rate of 0.2143, the exchange rate registered a net change of -16.81% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2602 was down 30.13% compared to the 2023 peak of 0.3724, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,301 TND
2023 Average 1,331 TND
Yearly Trough Low 943 TND
Transaction Impact: A difference of 358.08 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2641
0.1862
JanuMarcMayJulySeptNove

GHS 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 0.2350, compared to 0.1991 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0359 points.

H1 Avg (Jan–Jun) 0.2350
H2 Avg (Jul–Dec) 0.1991

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0192 TND (High: 0.2297 / Low: 0.2106). On the other end, October was the most stable month, with a tight range of 0.0038 TND (High: 0.1937 / Low: 0.1899).

May Spread (Volatile) ±0.0192
October Spread (Stable) ±0.0038

Growth Streaks & Declines

Trends

Between October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0134 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0134

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.2576) against the same month in 2023 (average: 0.2727), the exchange rate shifted by -0.0151 (-5.54%).

2024 Avg (January) 0.2576
2023 Avg (January) 0.2727

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2602 0.2523 0.2576
February 0.2533 0.2466 0.2510
March 0.2469 0.2362 0.2403
April 0.2360 0.2305 0.2334
May 0.2297 0.2106 0.2200
June 0.2114 0.2056 0.2077
July 0.2054 0.1993 0.2018
August 0.2004 0.1941 0.1967
September 0.1952 0.1911 0.1936
October 0.1937 0.1899 0.1927
November 0.2048 0.1886 0.1957
December 0.2171 0.2045 0.2143