YEARLY HIGH
0.1788 TND
YEARLY LOW
0.1708 TND
YEARLY AVERAGE
0.1755 TND

2024 MDL to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MDL to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 0.1788. Conversely, the yearly low was recorded on December 9, dropping to 0.1708.

This high-to-low spread represents a total annual volatility of 0.0080 TND. From a start-to-finish perspective, comparing the January average rate of 0.1761 to the December average rate of 0.1729, the exchange rate registered a net change of -1.80% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1788 was up 0.52% compared to the 2023 peak of 0.1779, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 894 TND
2023 Average 858 TND
Yearly Trough Low 854 TND
Transaction Impact: A difference of 40.15 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1774
0.1725
JanuMarcMayJulySeptNove

MDL 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 0.1764, compared to 0.1746 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0018 points.

H1 Avg (Jan–Jun) 0.1764
H2 Avg (Jul–Dec) 0.1746

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0043 TND (High: 0.1788 / Low: 0.1745). On the other end, June was the most stable month, with a tight range of 0.0019 TND (High: 0.1774 / Low: 0.1755).

January Spread (Volatile) ±0.0043
June Spread (Stable) ±0.0019

Growth Streaks & Declines

Trends

Between February and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0009 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.1761) against the same month in 2023 (average: 0.1628), the exchange rate shifted by +0.0133 (+8.20%).

2024 Avg (January) 0.1761
2023 Avg (January) 0.1628

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1788 0.1745 0.1761
February 0.1775 0.1746 0.1757
March 0.1778 0.1748 0.1761
April 0.1784 0.1757 0.1770
May 0.1788 0.1750 0.1769
June 0.1774 0.1755 0.1764
July 0.1775 0.1744 0.1759
August 0.1773 0.1730 0.1756
September 0.1767 0.1725 0.1749
October 0.1759 0.1728 0.1745
November 0.1755 0.1718 0.1739
December 0.1740 0.1708 0.1729