YEARLY HIGH
0.0733 TND
YEARLY LOW
0.0652 TND
YEARLY AVERAGE
0.0674 TND

2024 MUR to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MUR to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on March 12, valuing the pair at 0.0733. Conversely, the yearly low was recorded on April 15, dropping to 0.0652.

This high-to-low spread represents a total annual volatility of 0.0081 TND. From a start-to-finish perspective, comparing the January average rate of 0.0695 to the December average rate of 0.0676, the exchange rate registered a net change of -2.65% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0733 was up 1.73% compared to the 2023 peak of 0.0720, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 366 TND
2023 Average 344 TND
Yearly Trough Low 326 TND
Transaction Impact: A difference of 40.47 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0698
0.0658
JanuMarcMayJulySeptNove

MUR 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 0.0680, compared to 0.0668 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 0.0680
H2 Avg (Jul–Dec) 0.0668

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0065 TND (High: 0.0733 / Low: 0.0667). On the other end, May was the most stable month, with a tight range of 0.0006 TND (High: 0.0681 / Low: 0.0675).

March Spread (Volatile) ±0.0065
May Spread (Stable) ±0.0006

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 January and February, when the average rate fell by 0.0012 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.0677) against the same month in 2023 (average: 0.0672), the exchange rate shifted by +0.0005 (+0.80%).

2024 Avg (March) 0.0677
2023 Avg (March) 0.0672

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0703 0.0680 0.0695
February 0.0693 0.0668 0.0682
March 0.0733 0.0667 0.0677
April 0.0679 0.0652 0.0675
May 0.0681 0.0675 0.0677
June 0.0679 0.0665 0.0671
July 0.0673 0.0662 0.0666
August 0.0668 0.0655 0.0663
September 0.0666 0.0655 0.0661
October 0.0677 0.0659 0.0667
November 0.0682 0.0662 0.0673
December 0.0682 0.0671 0.0676