2024 SRD to TND Historical Review

YEARLY HIGH

0.1081 TND

YEARLY LOW

0.0834 TND

YEARLY AVERAGE

0.0945 TND

2024 SRD to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SRD to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on August 5, valuing the pair at 0.1081. Conversely, the yearly low was recorded on January 1, dropping to 0.0834.

This high-to-low spread represents a total annual volatility of 0.0247 TND. From a start-to-finish perspective, comparing the January average rate of 0.0846 to the December average rate of 0.0900, the exchange rate registered a net change of 6.35% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1081 was up 9.19% compared to the 2023 peak of 0.0990, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 541 TND

2023 Average 425 TND

Yearly Trough Low 417 TND

Transaction Impact: A difference of 123.57 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1088

0.0824

JanuMarcMayJulySeptNove

SRD 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 0.0909, compared to 0.0980 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0071 points.

H1 Avg (Jan–Jun) 0.0909

H2 Avg (Jul–Dec) 0.0980

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0096 TND (High: 0.0997 / Low: 0.0901). On the other end, November was the most stable month, with a tight range of 0.0014 TND (High: 0.0900 / Low: 0.0886).

October Spread (Volatile) ±0.0096

November Spread (Stable) ±0.0014

Growth Streaks & Declines

Trends

Between January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0074 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0074

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.1066) against the same month in 2023 (average: 0.0808), the exchange rate shifted by +0.0258 (+31.98%).

2024 Avg (August) 0.1066

2023 Avg (August) 0.0808

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0854	0.0834	0.0846
February	0.0884	0.0848	0.0865
March	0.0896	0.0872	0.0882
April	0.0931	0.0890	0.0906
May	0.0973	0.0927	0.0958
June	0.1026	0.0962	0.0997
July	0.1079	0.1019	0.1049
August	0.1081	0.1053	0.1066
September	0.1057	0.0989	0.1024
October	0.0997	0.0901	0.0950
November	0.0900	0.0886	0.0892
December	0.0911	0.0887	0.0900