YEARLY HIGH
5279.9242 IDR
YEARLY LOW
4956.4559 IDR
YEARLY AVERAGE
5098.9304 IDR

2024 TND to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TND to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 15, valuing the pair at 5279.9242. Conversely, the yearly low was recorded on September 24, dropping to 4956.4559.

This high-to-low spread represents a total annual volatility of 323.4683 IDR. From a start-to-finish perspective, comparing the January average rate of 5033.9090 to the December average rate of 5071.6960, the exchange rate registered a net change of 0.75% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 5279.9242 was up 4.24% compared to the 2023 peak of 5065.1263, 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 26,399,621 IDR
2023 Average 24,557,808 IDR
Yearly Trough Low 24,782,279 IDR
Transaction Impact: A difference of 1,617,341.74 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

5259.2719
4984.3854
JanuMarcMayJulySeptNove

TND to IDR 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 5101.8783, compared to 5095.9826 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 5.8956 points.

H1 Avg (Jan–Jun) 5101.8783
H2 Avg (Jul–Dec) 5095.9826

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 185.3034 IDR (High: 5242.0722 / Low: 5056.7688). On the other end, February was the most stable month, with a tight range of 76.4300 IDR (High: 5049.9532 / Low: 4973.5232).

August Spread (Volatile) ±185.3034
February Spread (Stable) ±76.4300

Growth Streaks & Declines

Trends

Between February and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 89.7693 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -89.7693

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 5236.3647) against the same month in 2023 (average: 4831.7529), the exchange rate shifted by +404.6118 (+8.37%).

2024 Avg (June) 5236.3647
2023 Avg (June) 4831.7529

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 5085.7381 5005.9251 5033.9090
February 5049.9532 4973.5232 5007.2926
March 5116.1922 5009.2828 5055.9546
April 5178.3674 5078.0798 5135.1817
May 5216.6089 5098.4591 5142.5670
June 5279.9242 5196.3928 5236.3647
July 5265.7703 5151.4041 5219.4058
August 5242.0722 5056.7688 5133.3941
September 5096.1916 4956.4559 5043.6248
October 5129.6386 4993.9006 5058.6946
November 5124.7007 5006.7318 5049.0804
December 5126.2144 5027.8883 5071.6960