2024 TND to CVE Historical Review

YEARLY HIGH

33.4998 CVE

YEARLY LOW

32.4163 CVE

YEARLY AVERAGE

32.7834 CVE

2024 TND to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TND to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on November 22, valuing the pair at 33.4998. Conversely, the yearly low was recorded on July 17, dropping to 32.4163.

This high-to-low spread represents a total annual volatility of 1.0835 CVE. From a start-to-finish perspective, comparing the January average rate of 32.5925 to the December average rate of 33.2210, the exchange rate registered a net change of 1.93% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 33.4998 was down 0.72% compared to the 2023 peak of 33.7411, 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 167,499 CVE

2023 Average 164,485 CVE

Yearly Trough Low 162,082 CVE

Transaction Impact: A difference of 5,417.49 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

33.2838

32.5296

JanuMarcMayJulySeptNove

TND to CVE 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 32.7056, compared to 32.8612 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1555 points.

H1 Avg (Jan–Jun) 32.7056

H2 Avg (Jul–Dec) 32.8612

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.9950 CVE (High: 33.4998 / Low: 32.5048). On the other end, January was the most stable month, with a tight range of 0.3176 CVE (High: 32.7701 / Low: 32.4525).

November Spread (Volatile) ±0.9950

January Spread (Stable) ±0.3176

Growth Streaks & Declines

Trends

Between July and December, 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 June and July, when the average rate fell by 0.1562 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.1562

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 33.0714) against the same month in 2023 (average: 32.6624), the exchange rate shifted by +0.4090 (+1.25%).

2024 Avg (November) 33.0714

2023 Avg (November) 32.6624

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	32.7701	32.4525	32.5925
February	32.9158	32.5255	32.6946
March	33.0152	32.4706	32.6696
April	33.2837	32.4517	32.7511
May	33.1070	32.4887	32.7042
June	33.0089	32.5893	32.8219
July	32.9265	32.4163	32.6657
August	32.9955	32.4678	32.6842
September	32.8512	32.4780	32.6938
October	33.0295	32.6638	32.8310
November	33.4998	32.5048	33.0714
December	33.3496	33.0151	33.2210