YEARLY HIGH
0.0292 TND
YEARLY LOW
0.0281 TND
YEARLY AVERAGE
0.0288 TND

2024 RSD to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RSD to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 0.0292. Conversely, the yearly low was recorded on November 23, dropping to 0.0281.

This high-to-low spread represents a total annual volatility of 0.0011 TND. From a start-to-finish perspective, comparing the January average rate of 0.0289 to the December average rate of 0.0284, the exchange rate registered a net change of -1.79% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0292 was down 0.50% compared to the 2023 peak of 0.0293, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 146 TND
2023 Average 143 TND
Yearly Trough Low 140 TND
Transaction Impact: A difference of 5.64 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0290
0.0283
JanuMarcMayJulySeptNove

RSD 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 0.0288, compared to 0.0287 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0288
H2 Avg (Jul–Dec) 0.0287

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0008 TND (High: 0.0289 / Low: 0.0281). On the other end, February was the most stable month, with a tight range of 0.0002 TND (High: 0.0289 / Low: 0.0287).

November Spread (Volatile) ±0.0008
February Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between June and August, 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 October and November, when the average rate fell by 0.0002 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.0289) against the same month in 2023 (average: 0.0286), the exchange rate shifted by +0.0003 (+1.01%).

2024 Avg (September) 0.0289
2023 Avg (September) 0.0286

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0290 0.0287 0.0289
February 0.0289 0.0287 0.0288
March 0.0290 0.0285 0.0288
April 0.0290 0.0282 0.0287
May 0.0290 0.0287 0.0288
June 0.0289 0.0286 0.0287
July 0.0291 0.0286 0.0289
August 0.0291 0.0286 0.0289
September 0.0292 0.0287 0.0289
October 0.0289 0.0285 0.0287
November 0.0289 0.0281 0.0285
December 0.0285 0.0281 0.0284