2024 NOK to TND Historical Review

YEARLY HIGH

0.3010 TND

YEARLY LOW

0.2785 TND

YEARLY AVERAGE

0.2895 TND

2024 NOK to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NOK to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 0.3010. Conversely, the yearly low was recorded on December 18, dropping to 0.2785.

This high-to-low spread represents a total annual volatility of 0.0225 TND. From a start-to-finish perspective, comparing the January average rate of 0.2984 to the December average rate of 0.2821, the exchange rate registered a net change of -5.47% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3010 was down 5.22% compared to the 2023 peak of 0.3176, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,505 TND

2023 Average 1,470 TND

Yearly Trough Low 1,392 TND

Transaction Impact: A difference of 112.39 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3000

0.2804

JanuMarcMayJulySeptNove

NOK 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 0.2934, compared to 0.2855 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0079 points.

H1 Avg (Jan–Jun) 0.2934

H2 Avg (Jul–Dec) 0.2855

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0157 TND (High: 0.2970 / Low: 0.2813). On the other end, January was the most stable month, with a tight range of 0.0055 TND (High: 0.3010 / Low: 0.2955).

July Spread (Volatile) ±0.0157

January Spread (Stable) ±0.0055

Growth Streaks & Declines

Trends

Between April and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0059 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0059

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.2984) against the same month in 2023 (average: 0.3114), the exchange rate shifted by -0.0130 (-4.18%).

2024 Avg (January) 0.2984

2023 Avg (January) 0.3114

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3010	0.2955	0.2984
February	0.3004	0.2935	0.2965
March	0.2987	0.2874	0.2928
April	0.2924	0.2832	0.2876
May	0.2975	0.2852	0.2909
June	0.2973	0.2897	0.2944
July	0.2970	0.2813	0.2884
August	0.2912	0.2819	0.2869
September	0.2939	0.2811	0.2866
October	0.2886	0.2819	0.2850
November	0.2885	0.2795	0.2840
December	0.2862	0.2785	0.2821