2024 TND to GIP Historical Review

YEARLY HIGH

0.2581 GIP

YEARLY LOW

0.2438 GIP

YEARLY AVERAGE

0.2515 GIP

2024 TND to GIP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TND to GIP exchange rate experienced significant fluctuation. The market reached its absolute peak on April 15, valuing the pair at 0.2581. Conversely, the yearly low was recorded on September 24, dropping to 0.2438.

This high-to-low spread represents a total annual volatility of 0.0143 GIP. From a start-to-finish perspective, comparing the January average rate of 0.2536 to the December average rate of 0.2499, the exchange rate registered a net change of -1.47% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2581 was down 5.48% compared to the 2023 peak of 0.2731, 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 1,291 GIP

2023 Average 1,296 GIP

Yearly Trough Low 1,219 GIP

Transaction Impact: A difference of 71.59 GIP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2555

0.2478

JanuMarcMayJulySeptNove

TND to GIP 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 0.2533, compared to 0.2497 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0036 points.

H1 Avg (Jan–Jun) 0.2533

H2 Avg (Jul–Dec) 0.2497

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0085 GIP (High: 0.2566 / Low: 0.2481). On the other end, February was the most stable month, with a tight range of 0.0024 GIP (High: 0.2542 / Low: 0.2518).

August Spread (Volatile) ±0.0085

February Spread (Stable) ±0.0024

Growth Streaks & Declines

Trends

Between February and April, 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 August and September, when the average rate fell by 0.0028 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0028

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.2549) against the same month in 2023 (average: 0.2625), the exchange rate shifted by -0.0076 (-2.89%).

2024 Avg (April) 0.2549

2023 Avg (April) 0.2625

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2564	0.2520	0.2536
February	0.2542	0.2518	0.2531
March	0.2568	0.2507	0.2532
April	0.2581	0.2522	0.2549
May	0.2556	0.2511	0.2533
June	0.2533	0.2507	0.2519
July	0.2516	0.2464	0.2496
August	0.2566	0.2481	0.2517
September	0.2512	0.2438	0.2488
October	0.2501	0.2473	0.2485
November	0.2531	0.2477	0.2500
December	0.2511	0.2479	0.2499