2024 TND to IQD Historical Review

YEARLY HIGH

436.2273 IQD

YEARLY LOW

410.4988 IQD

YEARLY AVERAGE

420.9859 IQD

2024 TND to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TND to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 25, valuing the pair at 436.2273. Conversely, the yearly low was recorded on December 27, dropping to 410.4988.

This high-to-low spread represents a total annual volatility of 25.7285 IQD. From a start-to-finish perspective, comparing the January average rate of 422.0747 to the December average rate of 413.4009, the exchange rate registered a net change of -2.06% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 436.2273 was down 9.97% compared to the 2023 peak of 484.5316, 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 2,181,136 IQD

2023 Average 2,189,746 IQD

Yearly Trough Low 2,052,494 IQD

Transaction Impact: A difference of 128,642.26 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

432.8042

411.6370

JanuMarcMayJulySeptNove

TND to IQD 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 419.6742, compared to 422.2977 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.6235 points.

H1 Avg (Jan–Jun) 419.6742

H2 Avg (Jul–Dec) 422.2977

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 13.5849 IQD (High: 431.2735 / Low: 417.6885). On the other end, May was the most stable month, with a tight range of 5.9277 IQD (High: 422.1829 / Low: 416.2552).

August Spread (Volatile) ±13.5849

May Spread (Stable) ±5.9277

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 7.0726 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -7.0726

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 431.0402) against the same month in 2023 (average: 417.3498), the exchange rate shifted by +13.6904 (+3.28%).

2024 Avg (September) 431.0402

2023 Avg (September) 417.3498

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	428.3786	419.6058	422.0747
February	422.7826	416.4392	418.8484
March	423.8111	417.8325	421.1745
April	420.7990	413.0225	417.5161
May	422.1829	416.2552	419.1717
June	425.1157	415.9426	419.2595
July	424.0471	416.6733	420.6324
August	431.2735	417.6885	426.1153
September	436.2273	428.8124	431.0402
October	430.0401	421.1969	424.8350
November	423.5527	412.0560	417.7624
December	418.3391	410.4988	413.4009