YEARLY HIGH
0.4559 CAD
YEARLY LOW
0.4294 CAD
YEARLY AVERAGE
0.4404 CAD

2024 TND to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TND to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.4559. Conversely, the yearly low was recorded on February 18, dropping to 0.4294.

This high-to-low spread represents a total annual volatility of 0.0265 CAD. From a start-to-finish perspective, comparing the January average rate of 0.4324 to the December average rate of 0.4502, the exchange rate registered a net change of 4.11% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4559 was up 1.16% compared to the 2023 peak of 0.4507, 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 2,280 CAD
2023 Average 2,175 CAD
Yearly Trough Low 2,147 CAD
Transaction Impact: A difference of 132.35 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4521
0.4295
JanuMarcMayJulySeptNove

TND to CAD 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 0.4353, compared to 0.4456 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0103 points.

H1 Avg (Jan–Jun) 0.4353
H2 Avg (Jul–Dec) 0.4456

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0133 CAD (High: 0.4516 / Low: 0.4383). On the other end, February was the most stable month, with a tight range of 0.0058 CAD (High: 0.4352 / Low: 0.4294).

November Spread (Volatile) ±0.0133
February Spread (Stable) ±0.0058

Growth Streaks & Declines

Trends

Between February and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0010 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.4502) against the same month in 2023 (average: 0.4328), the exchange rate shifted by +0.0174 (+4.03%).

2024 Avg (December) 0.4502
2023 Avg (December) 0.4328

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4361 0.4297 0.4324
February 0.4352 0.4294 0.4314
March 0.4408 0.4316 0.4356
April 0.4430 0.4316 0.4362
May 0.4403 0.4343 0.4375
June 0.4442 0.4351 0.4386
July 0.4464 0.4350 0.4405
August 0.4486 0.4411 0.4452
September 0.4490 0.4394 0.4457
October 0.4495 0.4422 0.4460
November 0.4516 0.4383 0.4457
December 0.4559 0.4448 0.4502