YEARLY HIGH
0.8508 TND
YEARLY LOW
0.8045 TND
YEARLY AVERAGE
0.8293 TND

2024 SAR to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SAR to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 0.8508. Conversely, the yearly low was recorded on September 25, dropping to 0.8045.

This high-to-low spread represents a total annual volatility of 0.0464 TND. From a start-to-finish perspective, comparing the January average rate of 0.8275 to the December average rate of 0.8433, the exchange rate registered a net change of 1.91% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.8508 was up 0.11% compared to the 2023 peak of 0.8499, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,254 TND
2023 Average 4,136 TND
Yearly Trough Low 4,022 TND
Transaction Impact: A difference of 231.76 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.8466
0.8068
JanuMarcMayJulySeptNove

SAR 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 0.8321, compared to 0.8264 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0057 points.

H1 Avg (Jan–Jun) 0.8321
H2 Avg (Jul–Dec) 0.8264

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0234 TND (High: 0.8468 / Low: 0.8234). On the other end, February was the most stable month, with a tight range of 0.0080 TND (High: 0.8388 / Low: 0.8308).

November Spread (Volatile) ±0.0234
February Spread (Stable) ±0.0080

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 0.0120 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0120

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.8433) against the same month in 2023 (average: 0.8262), the exchange rate shifted by +0.0171 (+2.07%).

2024 Avg (December) 0.8433
2023 Avg (December) 0.8262

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8323 0.8171 0.8275
February 0.8388 0.8308 0.8341
March 0.8346 0.8242 0.8289
April 0.8432 0.8298 0.8363
May 0.8391 0.8274 0.8329
June 0.8396 0.8267 0.8331
July 0.8377 0.8237 0.8300
August 0.8280 0.8091 0.8180
September 0.8143 0.8045 0.8101
October 0.8281 0.8115 0.8216
November 0.8468 0.8234 0.8354
December 0.8508 0.8348 0.8433