YEARLY HIGH
4.5058 TND
YEARLY LOW
4.2589 TND
YEARLY AVERAGE
4.3891 TND

2024 JOD to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JOD to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 4.5058. Conversely, the yearly low was recorded on September 25, dropping to 4.2589.

This high-to-low spread represents a total annual volatility of 0.2469 TND. From a start-to-finish perspective, comparing the January average rate of 4.3741 to the December average rate of 4.4666, the exchange rate registered a net change of 2.11% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 4.5058 was up 0.31% compared to the 2023 peak of 4.4920, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 22,529 TND
2023 Average 21,878 TND
Yearly Trough Low 21,294 TND
Transaction Impact: A difference of 1,234.36 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

4.4843
4.2719
JanuMarcMayJulySeptNove

JOD 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 4.4019, compared to 4.3762 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0257 points.

H1 Avg (Jan–Jun) 4.4019
H2 Avg (Jul–Dec) 4.3762

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.1214 TND (High: 4.4828 / Low: 4.3614). On the other end, February was the most stable month, with a tight range of 0.0433 TND (High: 4.4363 / Low: 4.3930).

November Spread (Volatile) ±0.1214
February Spread (Stable) ±0.0433

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 0.0618 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0618

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 4.4666) against the same month in 2023 (average: 4.3681), the exchange rate shifted by +0.0984 (+2.25%).

2024 Avg (December) 4.4666
2023 Avg (December) 4.3681

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 4.4001 4.3183 4.3741
February 4.4363 4.3930 4.4115
March 4.4153 4.3603 4.3849
April 4.4631 4.3906 4.4253
May 4.4405 4.3772 4.4070
June 4.4446 4.3737 4.4087
July 4.4339 4.3594 4.3929
August 4.3855 4.2812 4.3311
September 4.3122 4.2589 4.2896
October 4.3876 4.2964 4.3531
November 4.4828 4.3614 4.4242
December 4.5058 4.4206 4.4666