2024 TND to ETB Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 TND to ETB Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the TND to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 7, valuing the pair at 40.3825. Conversely, the yearly low was recorded on February 5, dropping to 17.9284.
This high-to-low spread represents a total annual volatility of 22.4541 ETB. From a start-to-finish perspective, comparing the January average rate of 18.1835 to the December average rate of 39.9776, the exchange rate registered a net change of 119.86% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 40.3825 was up 119.31% compared to the 2023 peak of 18.4138, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 TND based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
TND to ETB Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 18.2388, compared to 34.7199 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 16.4810 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was August, with a trading range of 11.7129 ETB (High: 37.0779 / Low: 25.3650). On the other end, March was the most stable month, with a tight range of 0.3008 ETB (High: 18.3447 / Low: 18.0440).
Growth Streaks & Declines
TrendsBetween April and December, 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 March and April, when the average rate fell by 0.1088 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2024: 39.9776) against the same month in 2023 (average: 18.1237), the exchange rate shifted by +21.8540 (+120.58%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 18.4304 | 18.0223 | 18.1835 |
| February | 18.2693 | 17.9284 | 18.1015 |
| March | 18.3447 | 18.0440 | 18.2508 |
| April | 18.2679 | 17.9397 | 18.1420 |
| May | 18.5101 | 18.1776 | 18.3524 |
| June | 18.5910 | 18.2206 | 18.4028 |
| July | 24.3477 | 18.2635 | 18.7117 |
| August | 37.0779 | 25.3650 | 33.5501 |
| September | 39.7100 | 36.1994 | 37.9871 |
| October | 39.5345 | 38.2425 | 39.0144 |
| November | 40.1954 | 38.3840 | 39.0785 |
| December | 40.3825 | 39.1206 | 39.9776 |