2024 TND to MMK Historical Review

YEARLY HIGH

1048.0604 MMK

YEARLY LOW

656.6444 MMK

YEARLY AVERAGE

681.7395 MMK

2024 TND to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TND to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on July 20, valuing the pair at 1048.0604. Conversely, the yearly low was recorded on December 29, dropping to 656.6444.

This high-to-low spread represents a total annual volatility of 391.4159 MMK. From a start-to-finish perspective, comparing the January average rate of 676.6179 to the December average rate of 662.2975, the exchange rate registered a net change of -2.12% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 1048.0604 was up 50.33% compared to the 2023 peak of 697.1663, 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 5,240,302 MMK

2023 Average 3,382,624 MMK

Yearly Trough Low 3,283,222 MMK

Transaction Impact: A difference of 1,957,079.61 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

738.1327

655.4034

JanuMarcMayJulySeptNove

TND to MMK 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 677.4821, compared to 685.9968 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 8.5147 points.

H1 Avg (Jan–Jun) 677.4821

H2 Avg (Jul–Dec) 685.9968

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 374.3619 MMK (High: 1048.0604 / Low: 673.6984). On the other end, September was the most stable month, with a tight range of 8.5908 MMK (High: 695.0997 / Low: 686.5089).

July Spread (Volatile) ±374.3619

September Spread (Stable) ±8.5908

Growth Streaks & Declines

Trends

Between April and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 47.6984 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -47.6984

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 731.2386) against the same month in 2023 (average: 683.9899), the exchange rate shifted by +47.2487 (+6.91%).

2024 Avg (July) 731.2386

2023 Avg (July) 683.9899

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	687.2586	672.1956	676.6179
February	677.7321	667.5621	671.4358
March	679.0525	669.7768	675.1988
April	674.3597	662.1070	669.2489
May	676.7734	667.2271	672.0379
June	791.2314	668.9311	700.3535
July	1048.0604	673.6984	731.2386
August	691.4697	675.0322	683.5402
September	695.0997	686.5089	690.1646
October	689.0352	674.5118	680.0023
November	678.3760	660.0050	668.7378
December	669.0051	656.6444	662.2975