2024 TND to IRR Historical Review

YEARLY HIGH

13965.6679 IRR

YEARLY LOW

13223.6547 IRR

YEARLY AVERAGE

13529.1876 IRR

2024 TND to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TND to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 22, valuing the pair at 13965.6679. Conversely, the yearly low was recorded on December 29, dropping to 13223.6547.

This high-to-low spread represents a total annual volatility of 742.0132 IRR. From a start-to-finish perspective, comparing the January average rate of 13550.6943 to the December average rate of 13316.5143, the exchange rate registered a net change of -1.73% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 13965.6679 was up 0.07% compared to the 2023 peak of 13955.4088, 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 69,828,340 IRR

2023 Average 68,035,098 IRR

Yearly Trough Low 66,118,274 IRR

Transaction Impact: A difference of 3,710,066.01 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

13904.4780

13263.0631

JanuMarcMayJulySeptNove

TND to IRR 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 13479.9044, compared to 13578.4709 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 98.5665 points.

H1 Avg (Jan–Jun) 13479.9044

H2 Avg (Jul–Dec) 13578.4709

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 374.0871 IRR (High: 13610.3638 / Low: 13236.2767). On the other end, February was the most stable month, with a tight range of 136.1472 IRR (High: 13497.0310 / Low: 13360.8837).

November Spread (Volatile) ±374.0871

February Spread (Stable) ±136.1472

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 228.9741 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -228.9741

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 13851.0268) against the same month in 2023 (average: 13465.8373), the exchange rate shifted by +385.1895 (+2.86%).

2024 Avg (September) 13851.0268

2023 Avg (September) 13465.8373

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	13740.7196	13473.2458	13550.6943
February	13497.0310	13360.8837	13439.1055
March	13599.1588	13433.7061	13524.7340
April	13518.0723	13298.2928	13413.7476
May	13559.4586	13365.9040	13473.9003
June	13614.7396	13361.6116	13477.2445
July	13637.3731	13391.9338	13524.0524
August	13873.0642	13546.8844	13715.9417
September	13965.6679	13777.6248	13851.0268
October	13822.5790	13536.8528	13646.1321
November	13610.3638	13236.2767	13417.1580
December	13420.7589	13223.6547	13316.5143