2024 NGN to TND Historical Review

YEARLY HIGH

0.0036 TND

YEARLY LOW

0.0018 TND

YEARLY AVERAGE

0.0022 TND

2024 NGN to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NGN to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on January 17, valuing the pair at 0.0036. Conversely, the yearly low was recorded on September 30, dropping to 0.0018.

This high-to-low spread represents a total annual volatility of 0.0018 TND. From a start-to-finish perspective, comparing the January average rate of 0.0034 to the December average rate of 0.0020, the exchange rate registered a net change of -40.78% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0036 was down 48.01% compared to the 2023 peak of 0.0070, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 NGN based on timing:

Yearly Peak High 3,624 TND

2023 Average 5,233 TND

Yearly Trough Low 1,819 TND

Transaction Impact: A difference of 1,804.31 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0036

0.0017

JanuMarcMayJulySeptNove

NGN 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 0.0024, compared to 0.0019 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0024

H2 Avg (Jul–Dec) 0.0019

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 0.0015 TND (High: 0.0035 / Low: 0.0019). On the other end, November was the most stable month, with a tight range of 0.0000 TND (High: 0.0019 / Low: 0.0019).

February Spread (Volatile) ±0.0015

November Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0010 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0034) against the same month in 2023 (average: 0.0068), the exchange rate shifted by -0.0034 (-49.90%).

2024 Avg (January) 0.0034

2023 Avg (January) 0.0068

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0036	0.0032	0.0034
February	0.0035	0.0019	0.0024
March	0.0022	0.0019	0.0020
April	0.0026	0.0022	0.0025
May	0.0025	0.0020	0.0022
June	0.0022	0.0021	0.0021
July	0.0022	0.0019	0.0021
August	0.0020	0.0019	0.0019
September	0.0019	0.0018	0.0019
October	0.0019	0.0018	0.0019
November	0.0019	0.0019	0.0019
December	0.0021	0.0019	0.0020