2024 TND to ISK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 TND to ISK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the TND to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 3, valuing the pair at 45.5135. Conversely, the yearly low was recorded on November 18, dropping to 43.1519.
This high-to-low spread represents a total annual volatility of 2.3616 ISK. From a start-to-finish perspective, comparing the January average rate of 44.1197 to the December average rate of 43.7796, the exchange rate registered a net change of -0.77% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 45.5135 was down 2.84% compared to the 2023 peak of 46.8422, 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 ISK 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 44.3051, compared to 44.3815 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0765 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was November, with a trading range of 1.3873 ISK (High: 44.5392 / Low: 43.1519). On the other end, June was the most stable month, with a tight range of 0.5831 ISK (High: 44.6845 / Low: 44.1014).
Growth Streaks & Declines
TrendsBetween February and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.6963 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2024: 45.0428) against the same month in 2023 (average: 43.1247), the exchange rate shifted by +1.9181 (+4.45%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 44.5870 | 43.4189 | 44.1197 |
| February | 44.3358 | 43.7169 | 44.0308 |
| March | 44.5942 | 43.6414 | 44.1380 |
| April | 45.5100 | 44.2572 | 44.7187 |
| May | 44.7756 | 44.0032 | 44.4327 |
| June | 44.6845 | 44.1014 | 44.3905 |
| July | 44.6442 | 43.7666 | 44.2342 |
| August | 45.4794 | 44.3223 | 44.8810 |
| September | 45.5135 | 44.2054 | 45.0428 |
| October | 44.6986 | 44.0661 | 44.3466 |
| November | 44.5392 | 43.1519 | 44.0050 |
| December | 44.1599 | 43.3861 | 43.7796 |