YEARLY HIGH
0.1909 TND
YEARLY LOW
0.1514 TND
YEARLY AVERAGE
0.1708 TND

2024 MXN to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MXN to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on April 8, valuing the pair at 0.1909. Conversely, the yearly low was recorded on November 12, dropping to 0.1514.

This high-to-low spread represents a total annual volatility of 0.0395 TND. From a start-to-finish perspective, comparing the January average rate of 0.1819 to the December average rate of 0.1564, the exchange rate registered a net change of -14.02% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1909 was up 2.98% compared to the 2023 peak of 0.1854, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 MXN based on timing:

Yearly Peak High 9,547 TND
2023 Average 8,762 TND
Yearly Trough Low 7,572 TND
Transaction Impact: A difference of 1,974.24 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1898
0.1512
JanuMarcMayJulySeptNove

MXN 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 0.1825, compared to 0.1592 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0233 points.

H1 Avg (Jan–Jun) 0.1825
H2 Avg (Jul–Dec) 0.1592

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0173 TND (High: 0.1834 / Low: 0.1662). On the other end, February was the most stable month, with a tight range of 0.0022 TND (High: 0.1841 / Low: 0.1819).

June Spread (Volatile) ±0.0173
February Spread (Stable) ±0.0022

Growth Streaks & Declines

Trends

Between January and April, 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 May and June, when the average rate fell by 0.0141 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0141

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.1866) against the same month in 2023 (average: 0.1695), the exchange rate shifted by +0.0171 (+10.12%).

2024 Avg (April) 0.1866
2023 Avg (April) 0.1695

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1838 0.1797 0.1819
February 0.1841 0.1819 0.1830
March 0.1890 0.1837 0.1854
April 0.1909 0.1830 0.1866
May 0.1876 0.1831 0.1860
June 0.1834 0.1662 0.1719
July 0.1775 0.1653 0.1720
August 0.1651 0.1537 0.1603
September 0.1586 0.1519 0.1551
October 0.1594 0.1536 0.1568
November 0.1570 0.1514 0.1544
December 0.1587 0.1525 0.1564