2024 TND to NGN Historical Review

YEARLY HIGH

549.6263 NGN

YEARLY LOW

275.9589 NGN

YEARLY AVERAGE

472.5994 NGN

2024 TND to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TND to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 549.6263. Conversely, the yearly low was recorded on January 17, dropping to 275.9589.

This high-to-low spread represents a total annual volatility of 273.6675 NGN. From a start-to-finish perspective, comparing the January average rate of 293.8406 to the December average rate of 496.0777, the exchange rate registered a net change of 68.83% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 549.6263 was up 87.49% compared to the 2023 peak of 293.1506, 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 2,748,132 NGN

2023 Average 1,022,708 NGN

Yearly Trough Low 1,379,794 NGN

Transaction Impact: A difference of 1,368,337.28 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

561.9037

269.4712

JanuMarcMayJulySeptNove

TND to NGN 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 427.3832, compared to 517.8155 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 90.4322 points.

H1 Avg (Jan–Jun) 427.3832

H2 Avg (Jul–Dec) 517.8155

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 226.1326 NGN (High: 514.4870 / Low: 288.3543). On the other end, November was the most stable month, with a tight range of 13.8580 NGN (High: 540.4550 / Low: 526.5969).

February Spread (Volatile) ±226.1326

November Spread (Stable) ±13.8580

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 March and April, when the average rate fell by 84.0513 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -84.0513

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 537.5343) against the same month in 2023 (average: 246.6837), the exchange rate shifted by +290.8506 (+117.90%).

2024 Avg (September) 537.5343

2023 Avg (September) 246.6837

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	309.6980	275.9589	293.8406
February	514.4870	288.3543	439.6989
March	519.8838	446.7616	491.6954
April	454.7928	379.7555	407.6441
May	487.9072	392.4372	453.9619
June	486.7779	446.8457	477.4586
July	536.3186	449.3886	488.4878
August	534.5922	512.3553	520.1512
September	549.6263	520.8164	537.5343
October	548.4389	526.8085	530.9770
November	540.4550	526.5969	533.6649
December	535.3876	484.9802	496.0777