2024 TND to GMD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 TND to GMD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the TND to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 28, valuing the pair at 23.3687. Conversely, the yearly low was recorded on April 16, dropping to 21.4749.
This high-to-low spread represents a total annual volatility of 1.8938 GMD. From a start-to-finish perspective, comparing the January average rate of 21.6854 to the December average rate of 22.6693, the exchange rate registered a net change of 4.54% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 23.3687 was up 6.31% compared to the 2023 peak of 21.9821, 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 GMD 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 21.6963, compared to 22.5384 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.8422 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was August, with a trading range of 1.1620 GMD (High: 23.3687 / Low: 22.2067). On the other end, March was the most stable month, with a tight range of 0.2737 GMD (High: 21.9670 / Low: 21.6933).
Growth Streaks & Declines
TrendsBetween June and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.4300 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2024: 22.7545) against the same month in 2023 (average: 19.5995), the exchange rate shifted by +3.1550 (+16.10%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 21.9748 | 21.6030 | 21.6854 |
| February | 21.7834 | 21.4752 | 21.6107 |
| March | 21.9670 | 21.6933 | 21.8537 |
| April | 21.7912 | 21.4749 | 21.6465 |
| May | 21.8418 | 21.5284 | 21.6952 |
| June | 21.8513 | 21.5087 | 21.6862 |
| July | 22.4351 | 21.5576 | 21.7874 |
| August | 23.3687 | 22.2067 | 22.7545 |
| September | 23.2982 | 22.4252 | 22.8850 |
| October | 22.9783 | 21.9534 | 22.4550 |
| November | 23.1147 | 22.3357 | 22.6795 |
| December | 22.9592 | 22.4817 | 22.6693 |