YEARLY HIGH
0.8410 TND
YEARLY LOW
0.7559 TND
YEARLY AVERAGE
0.7999 TND

2024 PGK to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PGK to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on January 25, valuing the pair at 0.8410. Conversely, the yearly low was recorded on September 25, dropping to 0.7559.

This high-to-low spread represents a total annual volatility of 0.0852 TND. From a start-to-finish perspective, comparing the January average rate of 0.8312 to the December average rate of 0.7836, the exchange rate registered a net change of -5.72% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.8410 was down 6.60% compared to the 2023 peak of 0.9005, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,205 TND
2023 Average 4,310 TND
Yearly Trough Low 3,779 TND
Transaction Impact: A difference of 425.79 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.8375
0.7614
JanuMarcMayJulySeptNove

PGK 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 0.8182, compared to 0.7815 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0367 points.

H1 Avg (Jan–Jun) 0.8182
H2 Avg (Jul–Dec) 0.7815

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0328 TND (High: 0.8410 / Low: 0.8082). On the other end, May was the most stable month, with a tight range of 0.0166 TND (High: 0.8154 / Low: 0.7989).

January Spread (Volatile) ±0.0328
May Spread (Stable) ±0.0166

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 0.0168 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0168

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.8312) against the same month in 2023 (average: 0.8774), the exchange rate shifted by -0.0462 (-5.27%).

2024 Avg (January) 0.8312
2023 Avg (January) 0.8774

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8410 0.8082 0.8312
February 0.8397 0.8195 0.8291
March 0.8378 0.8092 0.8184
April 0.8356 0.8128 0.8208
May 0.8154 0.7989 0.8055
June 0.8170 0.7971 0.8044
July 0.8161 0.7887 0.7985
August 0.7964 0.7687 0.7818
September 0.7799 0.7559 0.7678
October 0.7880 0.7620 0.7773
November 0.7919 0.7711 0.7803
December 0.8011 0.7747 0.7836