2024 MAD to TND Historical Review

YEARLY HIGH

0.3196 TND

YEARLY LOW

0.3061 TND

YEARLY AVERAGE

0.3131 TND

2024 MAD to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MAD to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on July 13, valuing the pair at 0.3196. Conversely, the yearly low was recorded on March 22, dropping to 0.3061.

This high-to-low spread represents a total annual volatility of 0.0135 TND. From a start-to-finish perspective, comparing the January average rate of 0.3118 to the December average rate of 0.3163, the exchange rate registered a net change of 1.43% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3196 was down 0.05% compared to the 2023 peak of 0.3198, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,598 TND

2023 Average 1,533 TND

Yearly Trough Low 1,531 TND

Transaction Impact: A difference of 67.40 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3170

0.3085

JanuMarcMayJulySeptNove

MAD 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 0.3116, compared to 0.3146 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0031 points.

H1 Avg (Jan–Jun) 0.3116

H2 Avg (Jul–Dec) 0.3146

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0077 TND (High: 0.3164 / Low: 0.3087). On the other end, October was the most stable month, with a tight range of 0.0033 TND (High: 0.3152 / Low: 0.3119).

January Spread (Volatile) ±0.0077

October Spread (Stable) ±0.0033

Growth Streaks & Declines

Trends

Between March and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0022 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0022

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 0.3158) against the same month in 2023 (average: 0.3149), the exchange rate shifted by +0.0008 (+0.27%).

2024 Avg (July) 0.3158

2023 Avg (July) 0.3149

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3164	0.3087	0.3118
February	0.3129	0.3084	0.3110
March	0.3114	0.3061	0.3092
April	0.3119	0.3076	0.3107
May	0.3149	0.3102	0.3127
June	0.3171	0.3110	0.3139
July	0.3196	0.3120	0.3158
August	0.3176	0.3116	0.3147
September	0.3154	0.3108	0.3125
October	0.3152	0.3119	0.3133
November	0.3165	0.3130	0.3152
December	0.3181	0.3138	0.3163