2024 TND to MNT Historical Review

YEARLY HIGH

1125.8872 MNT

YEARLY LOW

1063.5261 MNT

YEARLY AVERAGE

1101.4842 MNT

2024 TND to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TND to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 1125.8872. Conversely, the yearly low was recorded on December 29, dropping to 1063.5261.

This high-to-low spread represents a total annual volatility of 62.3611 MNT. From a start-to-finish perspective, comparing the January average rate of 1111.8005 to the December average rate of 1072.6820, the exchange rate registered a net change of -3.52% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 1125.8872 was down 3.14% compared to the 2023 peak of 1162.3452, 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 5,629,436 MNT

2023 Average 5,579,350 MNT

Yearly Trough Low 5,317,631 MNT

Transaction Impact: A difference of 311,805.62 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1122.3301

1068.1686

JanuMarcMayJulySeptNove

TND to MNT 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 1105.5000, compared to 1097.4683 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 8.0316 points.

H1 Avg (Jan–Jun) 1105.5000

H2 Avg (Jul–Dec) 1097.4683

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 29.7545 MNT (High: 1098.7234 / Low: 1068.9689). On the other end, February was the most stable month, with a tight range of 10.6486 MNT (High: 1107.3664 / Low: 1096.7178).

November Spread (Volatile) ±29.7545

February Spread (Stable) ±10.6486

Growth Streaks & Declines

Trends

Between July and September, 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 October and November, when the average rate fell by 18.2445 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -18.2445

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 1111.8005) against the same month in 2023 (average: 1102.3037), the exchange rate shifted by +9.4968 (+0.86%).

2024 Avg (January) 1111.8005

2023 Avg (January) 1102.3037

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1125.8872	1105.4149	1111.8005
February	1107.3664	1096.7178	1102.8853
March	1116.1436	1102.2364	1109.8708
April	1108.4337	1090.7366	1099.9324
May	1111.8273	1096.2822	1104.4198
June	1112.7238	1095.2791	1104.0912
July	1116.6902	1091.1474	1102.7536
August	1119.9304	1093.3076	1107.0875
September	1125.8097	1111.8957	1117.8166
October	1115.9875	1092.4647	1101.3574
November	1098.7234	1068.9689	1083.1130
December	1083.5459	1063.5261	1072.6820