2024 PEN to TND Historical Review

YEARLY HIGH

0.8563 TND

YEARLY LOW

0.7998 TND

YEARLY AVERAGE

0.8292 TND

2024 PEN to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PEN to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on December 24, valuing the pair at 0.8563. Conversely, the yearly low was recorded on September 10, dropping to 0.7998.

This high-to-low spread represents a total annual volatility of 0.0566 TND. From a start-to-finish perspective, comparing the January average rate of 0.8317 to the December average rate of 0.8489, the exchange rate registered a net change of 2.07% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.8563 was down 0.34% compared to the 2023 peak of 0.8592, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,282 TND

2023 Average 4,150 TND

Yearly Trough Low 3,999 TND

Transaction Impact: A difference of 282.79 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.8532

0.8022

JanuMarcMayJulySeptNove

PEN 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 0.8322, compared to 0.8261 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0060 points.

H1 Avg (Jan–Jun) 0.8322

H2 Avg (Jul–Dec) 0.8261

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0273 TND (High: 0.8380 / Low: 0.8107). On the other end, October was the most stable month, with a tight range of 0.0122 TND (High: 0.8285 / Low: 0.8163).

August Spread (Volatile) ±0.0273

October Spread (Stable) ±0.0122

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 August and September, when the average rate fell by 0.0154 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0154

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.8489) against the same month in 2023 (average: 0.8294), the exchange rate shifted by +0.0195 (+2.35%).

2024 Avg (December) 0.8489

2023 Avg (December) 0.8294

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8393	0.8172	0.8317
February	0.8251	0.8081	0.8171
March	0.8434	0.8248	0.8368
April	0.8547	0.8359	0.8442
May	0.8505	0.8289	0.8372
June	0.8334	0.8187	0.8260
July	0.8382	0.8170	0.8272
August	0.8380	0.8107	0.8218
September	0.8174	0.7998	0.8065
October	0.8285	0.8163	0.8226
November	0.8418	0.8197	0.8298
December	0.8563	0.8394	0.8489