2024 TND to GNF Historical Review

YEARLY HIGH

2860.4267 GNF

YEARLY LOW

2708.5624 GNF

YEARLY AVERAGE

2768.0992 GNF

2024 TND to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TND to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on September 25, valuing the pair at 2860.4267. Conversely, the yearly low was recorded on December 27, dropping to 2708.5624.

This high-to-low spread represents a total annual volatility of 151.8644 GNF. From a start-to-finish perspective, comparing the January average rate of 2769.8461 to the December average rate of 2724.5183, the exchange rate registered a net change of -1.64% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2860.4267 was up 0.07% compared to the 2023 peak of 2858.5382, 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 14,302,134 GNF

2023 Average 13,888,690 GNF

Yearly Trough Low 13,542,812 GNF

Transaction Impact: A difference of 759,321.80 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2854.2125

2712.7279

JanuMarcMayJulySeptNove

TND to GNF 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 2754.6443, compared to 2781.5542 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 26.9099 points.

H1 Avg (Jan–Jun) 2754.6443

H2 Avg (Jul–Dec) 2781.5542

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 77.7880 GNF (High: 2789.5928 / Low: 2711.8048). On the other end, September was the most stable month, with a tight range of 32.2269 GNF (High: 2860.4267 / Low: 2828.1999).

November Spread (Volatile) ±77.7880

September Spread (Stable) ±32.2269

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 49.8434 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -49.8434

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 2842.4221) against the same month in 2023 (average: 2742.2889), the exchange rate shifted by +100.1332 (+3.65%).

2024 Avg (September) 2842.4221

2023 Avg (September) 2742.2889

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2813.9168	2753.3852	2769.8461
February	2778.9978	2733.5710	2750.0144
March	2780.6535	2742.4528	2764.4659
April	2759.9785	2710.4290	2738.9846
May	2770.4534	2731.1690	2750.9213
June	2783.9139	2732.0402	2753.6334
July	2787.8444	2736.4569	2765.2187
August	2840.3126	2765.3489	2807.6721
September	2860.4267	2828.1999	2842.4221
October	2849.0902	2774.0449	2799.6687
November	2789.5928	2711.8048	2749.8254
December	2753.2466	2708.5624	2724.5183