2024 MYR to TND Historical Review

YEARLY HIGH

0.7368 TND

YEARLY LOW

0.6511 TND

YEARLY AVERAGE

0.6810 TND

2024 MYR to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MYR to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 0.7368. Conversely, the yearly low was recorded on February 20, dropping to 0.6511.

This high-to-low spread represents a total annual volatility of 0.0857 TND. From a start-to-finish perspective, comparing the January average rate of 0.6628 to the December average rate of 0.7101, the exchange rate registered a net change of 7.14% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.7368 was up 1.20% compared to the 2023 peak of 0.7281, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 MYR based on timing:

Yearly Peak High 14,737 TND

2023 Average 13,619 TND

Yearly Trough Low 13,022 TND

Transaction Impact: A difference of 1,714.94 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.7242

0.6501

JanuMarcMayJulySeptNove

MYR 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 0.6603, compared to 0.7017 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0414 points.

H1 Avg (Jan–Jun) 0.6603

H2 Avg (Jul–Dec) 0.7017

Volatility Range Comparison

Volatility

The most volatile month in 2024 was September, with a trading range of 0.0379 TND (High: 0.7368 / Low: 0.6989). On the other end, May was the most stable month, with a tight range of 0.0069 TND (High: 0.6651 / Low: 0.6582).

September Spread (Volatile) ±0.0379

May Spread (Stable) ±0.0069

Growth Streaks & Declines

Trends

Between April and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0102 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0102

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.7139) against the same month in 2023 (average: 0.6704), the exchange rate shifted by +0.0436 (+6.50%).

2024 Avg (September) 0.7139

2023 Avg (September) 0.6704

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6720	0.6574	0.6628
February	0.6629	0.6511	0.6563
March	0.6625	0.6525	0.6589
April	0.6621	0.6520	0.6583
May	0.6651	0.6582	0.6623
June	0.6684	0.6587	0.6634
July	0.6742	0.6600	0.6650
August	0.7094	0.6801	0.6954
September	0.7368	0.6989	0.7139
October	0.7311	0.7072	0.7181
November	0.7127	0.7031	0.7079
December	0.7145	0.7040	0.7101