2024 GMD to TND Historical Review

YEARLY HIGH

0.0466 TND

YEARLY LOW

0.0428 TND

YEARLY AVERAGE

0.0452 TND

2024 GMD to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GMD to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on April 16, valuing the pair at 0.0466. Conversely, the yearly low was recorded on August 28, dropping to 0.0428.

This high-to-low spread represents a total annual volatility of 0.0038 TND. From a start-to-finish perspective, comparing the January average rate of 0.0461 to the December average rate of 0.0441, the exchange rate registered a net change of -4.34% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0466 was down 11.10% compared to the 2023 peak of 0.0524, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 233 TND

2023 Average 249 TND

Yearly Trough Low 214 TND

Transaction Impact: A difference of 18.87 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0465

0.0434

JanuMarcMayJulySeptNove

GMD 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 0.0461, compared to 0.0444 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0017 points.

H1 Avg (Jan–Jun) 0.0461

H2 Avg (Jul–Dec) 0.0444

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0022 TND (High: 0.0450 / Low: 0.0428). On the other end, March was the most stable month, with a tight range of 0.0006 TND (High: 0.0461 / Low: 0.0455).

August Spread (Volatile) ±0.0022

March Spread (Stable) ±0.0006

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 0.0019 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0019

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.0462) against the same month in 2023 (average: 0.0495), the exchange rate shifted by -0.0033 (-6.69%).

2024 Avg (April) 0.0462

2023 Avg (April) 0.0495

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0463	0.0455	0.0461
February	0.0466	0.0459	0.0463
March	0.0461	0.0455	0.0458
April	0.0466	0.0459	0.0462
May	0.0465	0.0458	0.0461
June	0.0465	0.0458	0.0461
July	0.0464	0.0446	0.0459
August	0.0450	0.0428	0.0440
September	0.0446	0.0429	0.0437
October	0.0456	0.0435	0.0445
November	0.0448	0.0433	0.0441
December	0.0445	0.0436	0.0441