2024 TND to AFN Historical Review

YEARLY HIGH

24.1545 AFN

YEARLY LOW

21.0329 AFN

YEARLY AVERAGE

22.6634 AFN

2024 TND to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TND to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 24.1545. Conversely, the yearly low was recorded on October 17, dropping to 21.0329.

This high-to-low spread represents a total annual volatility of 3.1216 AFN. From a start-to-finish perspective, comparing the January average rate of 23.0519 to the December average rate of 21.9152, the exchange rate registered a net change of -4.93% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 24.1545 was down 18.86% compared to the 2023 peak of 29.7685, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 120,772 AFN

2023 Average 133,340 AFN

Yearly Trough Low 105,165 AFN

Transaction Impact: A difference of 15,607.90 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

23.5725

21.3906

JanuMarcMayJulySeptNove

TND to AFN 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 23.0109, compared to 22.3159 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.6950 points.

H1 Avg (Jan–Jun) 23.0109

H2 Avg (Jul–Dec) 22.3159

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 1.4556 AFN (High: 22.4885 / Low: 21.0329). On the other end, July was the most stable month, with a tight range of 0.4076 AFN (High: 22.9397 / Low: 22.5320).

October Spread (Volatile) ±1.4556

July Spread (Stable) ±0.4076

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 September and October, when the average rate fell by 1.1182 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -1.1182

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 23.3907) against the same month in 2023 (average: 28.8519), the exchange rate shifted by -5.4612 (-18.93%).

2024 Avg (February) 23.3907

2023 Avg (February) 28.8519

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	23.8349	22.5808	23.0519
February	24.1545	23.0535	23.3907
March	23.4614	22.7486	23.2209
April	23.1526	22.6467	22.8866
May	23.2220	22.6233	22.9442
June	23.0237	22.2660	22.5713
July	22.9397	22.5320	22.7291
August	23.3700	22.5739	23.0667
September	23.3418	22.3721	22.8651
October	22.4885	21.0329	21.7469
November	21.8900	21.2193	21.5725
December	22.1785	21.3705	21.9152