YEARLY HIGH
0.2177 TND
YEARLY LOW
0.1966 TND
YEARLY AVERAGE
0.2020 TND

2024 MVR to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MVR to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on May 2, valuing the pair at 0.2177. Conversely, the yearly low was recorded on September 25, dropping to 0.1966.

This high-to-low spread represents a total annual volatility of 0.0211 TND. From a start-to-finish perspective, comparing the January average rate of 0.2015 to the December average rate of 0.2056, the exchange rate registered a net change of 2.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2177 was up 5.09% compared to the 2023 peak of 0.2072, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,089 TND
2023 Average 1,009 TND
Yearly Trough Low 983 TND
Transaction Impact: A difference of 105.40 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2064
0.1972
JanuMarcMayJulySeptNove

MVR 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 0.2024, compared to 0.2016 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.2024
H2 Avg (Jul–Dec) 0.2016

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0169 TND (High: 0.2177 / Low: 0.2008). On the other end, September was the most stable month, with a tight range of 0.0023 TND (High: 0.1990 / Low: 0.1966).

May Spread (Volatile) ±0.0169
September Spread (Stable) ±0.0023

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 0.0026 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0026

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 0.2026) against the same month in 2023 (average: 0.1998), the exchange rate shifted by +0.0027 (+1.36%).

2024 Avg (May) 0.2026
2023 Avg (May) 0.1998

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2027 0.1990 0.2015
February 0.2049 0.2023 0.2032
March 0.2029 0.1991 0.2014
April 0.2047 0.2015 0.2030
May 0.2177 0.2008 0.2026
June 0.2061 0.2013 0.2030
July 0.2041 0.2006 0.2022
August 0.2024 0.1973 0.1996
September 0.1990 0.1966 0.1980
October 0.2025 0.1982 0.2009
November 0.2056 0.2007 0.2033
December 0.2075 0.2031 0.2056