YEARLY HIGH
105.9973 LKR
YEARLY LOW
91.5367 LKR
YEARLY AVERAGE
97.0255 LKR

2024 TND to LKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TND to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 105.9973. Conversely, the yearly low was recorded on November 24, dropping to 91.5367.

This high-to-low spread represents a total annual volatility of 14.4606 LKR. From a start-to-finish perspective, comparing the January average rate of 103.4537 to the December average rate of 92.0831, the exchange rate registered a net change of -10.99% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 105.9973 was down 12.52% compared to the 2023 peak of 121.1740, 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 529,986 LKR
2023 Average 529,218 LKR
Yearly Trough Low 457,683 LKR
Transaction Impact: A difference of 72,302.93 LKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

104.5908
90.9461
JanuMarcMayJulySeptNove

TND to LKR 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 98.3017, compared to 95.7492 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.5524 points.

H1 Avg (Jan–Jun) 98.3017
H2 Avg (Jul–Dec) 95.7492

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 4.8428 LKR (High: 105.9973 / Low: 101.1544). On the other end, December was the most stable month, with a tight range of 1.3713 LKR (High: 92.9714 / Low: 91.6001).

January Spread (Volatile) ±4.8428
December Spread (Stable) ±1.3713

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 September and October, when the average rate fell by 3.8300 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -3.8300

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 103.4537) against the same month in 2023 (average: 118.3256), the exchange rate shifted by -14.8718 (-12.57%).

2024 Avg (January) 103.4537
2023 Avg (January) 118.3256

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 105.9973 101.1544 103.4537
February 101.2518 99.2267 99.8431
March 99.2754 95.8635 98.1099
April 96.1190 94.2011 95.3234
May 97.1539 94.4355 95.8044
June 98.0238 96.4779 97.2755
July 98.3110 96.7070 97.5071
August 98.9678 96.6825 97.7365
September 100.7285 97.5113 98.9708
October 96.8430 94.3843 95.1408
November 94.7599 91.5367 93.0571
December 92.9714 91.6001 92.0831