YEARLY HIGH
2.6575 MOP
YEARLY LOW
2.5053 MOP
YEARLY AVERAGE
2.5830 MOP

2024 TND to MOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TND to MOP exchange rate experienced significant fluctuation. The market reached its absolute peak on September 25, valuing the pair at 2.6575. Conversely, the yearly low was recorded on December 27, dropping to 2.5053.

This high-to-low spread represents a total annual volatility of 0.1523 MOP. From a start-to-finish perspective, comparing the January average rate of 2.5943 to the December average rate of 2.5267, the exchange rate registered a net change of -2.60% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.6575 was down 0.94% compared to the 2023 peak of 2.6827, 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 13,288 MOP
2023 Average 12,990 MOP
Yearly Trough Low 12,526 MOP
Transaction Impact: A difference of 761.43 MOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.6517
2.5153
JanuMarcMayJulySeptNove

TND to MOP 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 2.5802, compared to 2.5858 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0056 points.

H1 Avg (Jan–Jun) 2.5802
H2 Avg (Jul–Dec) 2.5858

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0685 MOP (High: 2.6448 / Low: 2.5763). On the other end, May was the most stable month, with a tight range of 0.0313 MOP (High: 2.5909 / Low: 2.5595).

August Spread (Volatile) ±0.0685
May Spread (Stable) ±0.0313

Growth Streaks & Declines

Trends

Between June and September, 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 September and October, when the average rate fell by 0.0447 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0447

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 2.6403) against the same month in 2023 (average: 2.5698), the exchange rate shifted by +0.0705 (+2.75%).

2024 Avg (September) 2.6403
2023 Avg (September) 2.5698

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.6333 2.5768 2.5943
February 2.5991 2.5600 2.5758
March 2.6047 2.5718 2.5911
April 2.5895 2.5481 2.5707
May 2.5909 2.5595 2.5749
June 2.6047 2.5539 2.5745
July 2.6019 2.5607 2.5830
August 2.6448 2.5763 2.6146
September 2.6575 2.6262 2.6403
October 2.6275 2.5733 2.5956
November 2.5895 2.5216 2.5546
December 2.5573 2.5053 2.5267