2024 SGD to TND Historical Review

YEARLY HIGH

2.3819 TND

YEARLY LOW

2.2833 TND

YEARLY AVERAGE

2.3283 TND

2024 SGD to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SGD to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 2.3819. Conversely, the yearly low was recorded on April 15, dropping to 2.2833.

This high-to-low spread represents a total annual volatility of 0.0986 TND. From a start-to-finish perspective, comparing the January average rate of 2.3230 to the December average rate of 2.3447, the exchange rate registered a net change of 0.94% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.3819 was up 1.10% compared to the 2023 peak of 2.3559, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,910 TND

2023 Average 11,554 TND

Yearly Trough Low 11,416 TND

Transaction Impact: A difference of 493.24 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.3585

2.3060

JanuMarcMayJulySeptNove

SGD 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 2.3166, compared to 2.3400 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0233 points.

H1 Avg (Jan–Jun) 2.3166

H2 Avg (Jul–Dec) 2.3400

Volatility Range Comparison

Volatility

The most volatile month in 2024 was September, with a trading range of 0.0508 TND (High: 2.3819 / Low: 2.3311). On the other end, February was the most stable month, with a tight range of 0.0163 TND (High: 2.3342 / Low: 2.3179).

September Spread (Volatile) ±0.0508

February Spread (Stable) ±0.0163

Growth Streaks & Declines

Trends

Between June and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0081 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0081

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 2.3463) against the same month in 2023 (average: 2.3016), the exchange rate shifted by +0.0447 (+1.94%).

2024 Avg (September) 2.3463

2023 Avg (September) 2.3016

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.3323	2.3042	2.3230
February	2.3342	2.3179	2.3256
March	2.3303	2.2903	2.3175
April	2.3250	2.2833	2.3109
May	2.3250	2.3024	2.3126
June	2.3208	2.2957	2.3104
July	2.3312	2.2986	2.3135
August	2.3478	2.3161	2.3333
September	2.3819	2.3311	2.3463
October	2.3652	2.3423	2.3541
November	2.3665	2.3299	2.3479
December	2.3547	2.3269	2.3447