YEARLY HIGH
0.0506 TND
YEARLY LOW
0.0472 TND
YEARLY AVERAGE
0.0487 TND

2024 MZN to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MZN to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on January 22, valuing the pair at 0.0506. Conversely, the yearly low was recorded on September 25, dropping to 0.0472.

This high-to-low spread represents a total annual volatility of 0.0033 TND. From a start-to-finish perspective, comparing the January average rate of 0.0486 to the December average rate of 0.0496, the exchange rate registered a net change of 1.98% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0506 was up 1.31% compared to the 2023 peak of 0.0499, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 253 TND
2023 Average 243 TND
Yearly Trough Low 236 TND
Transaction Impact: A difference of 16.70 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0498
0.0474
JanuMarcMayJulySeptNove

MZN 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 0.0488, compared to 0.0486 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0488
H2 Avg (Jul–Dec) 0.0486

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0026 TND (High: 0.0506 / Low: 0.0480). On the other end, February was the most stable month, with a tight range of 0.0005 TND (High: 0.0492 / Low: 0.0488).

January Spread (Volatile) ±0.0026
February Spread (Stable) ±0.0005

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 0.0007 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0486) against the same month in 2023 (average: 0.0484), the exchange rate shifted by +0.0003 (+0.54%).

2024 Avg (January) 0.0486
2023 Avg (January) 0.0484

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0506 0.0480 0.0486
February 0.0492 0.0488 0.0490
March 0.0489 0.0483 0.0486
April 0.0495 0.0486 0.0490
May 0.0492 0.0486 0.0489
June 0.0493 0.0485 0.0489
July 0.0492 0.0483 0.0487
August 0.0487 0.0475 0.0480
September 0.0479 0.0472 0.0476
October 0.0487 0.0477 0.0483
November 0.0497 0.0484 0.0491
December 0.0501 0.0491 0.0496