YEARLY HIGH
0.0232 TND
YEARLY LOW
0.0220 TND
YEARLY AVERAGE
0.0226 TND

2024 ISK to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ISK to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on November 18, valuing the pair at 0.0232. Conversely, the yearly low was recorded on September 3, dropping to 0.0220.

This high-to-low spread represents a total annual volatility of 0.0012 TND. From a start-to-finish perspective, comparing the January average rate of 0.0227 to the December average rate of 0.0228, the exchange rate registered a net change of 0.77% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0232 was down 2.33% compared to the 2023 peak of 0.0237, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 116 TND
2023 Average 113 TND
Yearly Trough Low 110 TND
Transaction Impact: A difference of 6.01 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0229
0.0221
JanuMarcMayJulySeptNove

ISK 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 0.0226, compared to 0.0225 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0226
H2 Avg (Jul–Dec) 0.0225

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0007 TND (High: 0.0232 / Low: 0.0225). On the other end, June was the most stable month, with a tight range of 0.0003 TND (High: 0.0227 / Low: 0.0224).

November Spread (Volatile) ±0.0007
June Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between April and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0003 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 0.0227) against the same month in 2023 (average: 0.0224), the exchange rate shifted by +0.0003 (+1.54%).

2024 Avg (November) 0.0227
2023 Avg (November) 0.0224

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0230 0.0224 0.0227
February 0.0229 0.0226 0.0227
March 0.0229 0.0224 0.0227
April 0.0226 0.0220 0.0224
May 0.0227 0.0223 0.0225
June 0.0227 0.0224 0.0225
July 0.0228 0.0224 0.0226
August 0.0226 0.0220 0.0223
September 0.0226 0.0220 0.0222
October 0.0227 0.0224 0.0225
November 0.0232 0.0225 0.0227
December 0.0230 0.0226 0.0228