YEARLY HIGH
0.0205 TND
YEARLY LOW
0.0192 TND
YEARLY AVERAGE
0.0199 TND

2024 JMD to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JMD to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 0.0205. Conversely, the yearly low was recorded on September 25, dropping to 0.0192.

This high-to-low spread represents a total annual volatility of 0.0013 TND. From a start-to-finish perspective, comparing the January average rate of 0.0200 to the December average rate of 0.0203, the exchange rate registered a net change of 1.21% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0205 was down 1.99% compared to the 2023 peak of 0.0209, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 103 TND
2023 Average 101 TND
Yearly Trough Low 96 TND
Transaction Impact: A difference of 6.63 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0203
0.0193
JanuMarcMayJulySeptNove

JMD 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 0.0201, compared to 0.0197 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0201
H2 Avg (Jul–Dec) 0.0197

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0006 TND (High: 0.0201 / Low: 0.0195). On the other end, February was the most stable month, with a tight range of 0.0003 TND (High: 0.0201 / Low: 0.0198).

November Spread (Volatile) ±0.0006
February Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between September and December, 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 (December 2024: 0.0203) against the same month in 2023 (average: 0.0200), the exchange rate shifted by +0.0003 (+1.51%).

2024 Avg (December) 0.0203
2023 Avg (December) 0.0200

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0201 0.0198 0.0200
February 0.0201 0.0198 0.0200
March 0.0204 0.0200 0.0201
April 0.0205 0.0201 0.0202
May 0.0202 0.0199 0.0200
June 0.0202 0.0199 0.0201
July 0.0202 0.0197 0.0199
August 0.0200 0.0194 0.0196
September 0.0196 0.0192 0.0194
October 0.0196 0.0193 0.0195
November 0.0201 0.0195 0.0198
December 0.0205 0.0199 0.0203