2024 TND to LRD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 TND to LRD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the TND to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 22, valuing the pair at 66.0062. Conversely, the yearly low was recorded on December 4, dropping to 56.5816.
This high-to-low spread represents a total annual volatility of 9.4245 LRD. From a start-to-finish perspective, comparing the January average rate of 60.9511 to the December average rate of 57.0043, the exchange rate registered a net change of -6.48% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 66.0062 was up 7.31% compared to the 2023 peak of 61.5077, 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 LRD 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 61.5455, compared to 61.5186 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0269 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was November, with a trading range of 5.3836 LRD (High: 62.0660 / Low: 56.6824). On the other end, January was the most stable month, with a tight range of 0.7505 LRD (High: 61.5077 / Low: 60.7573).
Growth Streaks & Declines
TrendsBetween 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 3.4666 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2024: 64.3380) against the same month in 2023 (average: 59.3884), the exchange rate shifted by +4.9496 (+8.33%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 61.5077 | 60.7573 | 60.9511 |
| February | 61.4004 | 60.5579 | 60.8897 |
| March | 62.3423 | 61.3600 | 61.9087 |
| April | 62.0080 | 59.4372 | 61.4518 |
| May | 62.3590 | 61.4553 | 61.9620 |
| June | 62.5594 | 61.7065 | 62.1097 |
| July | 63.1215 | 61.8885 | 62.6077 |
| August | 64.2638 | 62.9029 | 63.7124 |
| September | 66.0062 | 63.7523 | 64.3380 |
| October | 63.6405 | 61.7927 | 62.4580 |
| November | 62.0660 | 56.6824 | 58.9914 |
| December | 57.8154 | 56.5816 | 57.0043 |