YEARLY HIGH
947.6621 CDF
YEARLY LOW
854.8931 CDF
YEARLY AVERAGE
904.9075 CDF

2024 TND to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TND to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on September 25, valuing the pair at 947.6621. Conversely, the yearly low was recorded on January 20, dropping to 854.8931.

This high-to-low spread represents a total annual volatility of 92.7689 CDF. From a start-to-finish perspective, comparing the January average rate of 877.1442 to the December average rate of 901.0218, the exchange rate registered a net change of 2.72% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 947.6621 was up 4.60% compared to the 2023 peak of 905.9845, 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 4,738,310 CDF
2023 Average 3,764,868 CDF
Yearly Trough Low 4,274,466 CDF
Transaction Impact: A difference of 463,844.61 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

942.9749
871.1595
JanuMarcMayJulySeptNove

TND to CDF 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 890.3232, compared to 919.4918 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 29.1686 points.

H1 Avg (Jan–Jun) 890.3232
H2 Avg (Jul–Dec) 919.4918

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 38.5272 CDF (High: 893.4203 / Low: 854.8931). On the other end, March was the most stable month, with a tight range of 12.4321 CDF (High: 897.7677 / Low: 885.3357).

January Spread (Volatile) ±38.5272
March Spread (Stable) ±12.4321

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 13.6417 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -13.6417

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 936.9903) against the same month in 2023 (average: 791.5673), the exchange rate shifted by +145.4230 (+18.37%).

2024 Avg (September) 936.9903
2023 Avg (September) 791.5673

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 893.4203 854.8931 877.1442
February 887.7089 874.3540 881.1253
March 897.7677 885.3357 892.4736
April 902.3679 877.3100 890.0072
May 906.8592 887.4772 894.9064
June 917.2556 897.0643 906.2826
July 920.6446 904.6943 913.4441
August 940.5639 918.4414 928.1762
September 947.6621 929.6105 936.9903
October 937.4740 914.8309 925.4800
November 920.8196 900.9691 911.8383
December 913.1762 891.5170 901.0218