YEARLY HIGH
1.2066 QAR
YEARLY LOW
1.1406 QAR
YEARLY AVERAGE
1.1709 QAR

2024 TND to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TND to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 25, valuing the pair at 1.2066. Conversely, the yearly low was recorded on December 26, dropping to 1.1406.

This high-to-low spread represents a total annual volatility of 0.0659 QAR. From a start-to-finish perspective, comparing the January average rate of 1.1741 to the December average rate of 1.1500, the exchange rate registered a net change of -2.05% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.2066 was down 0.39% compared to the 2023 peak of 1.2113, 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 6,033 QAR
2023 Average 5,871 QAR
Yearly Trough Low 5,703 QAR
Transaction Impact: A difference of 329.70 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.2032
1.1451
JanuMarcMayJulySeptNove

TND to QAR 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 1.1674, compared to 1.1745 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0071 points.

H1 Avg (Jan–Jun) 1.1674
H2 Avg (Jul–Dec) 1.1745

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0375 QAR (High: 1.2002 / Low: 1.1627). On the other end, September was the most stable month, with a tight range of 0.0143 QAR (High: 1.2066 / Low: 1.1922).

August Spread (Volatile) ±0.0375
September Spread (Stable) ±0.0143

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 October and November, when the average rate fell by 0.0203 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0203

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 1.1983) against the same month in 2023 (average: 1.1607), the exchange rate shifted by +0.0377 (+3.25%).

2024 Avg (September) 1.1983
2023 Avg (September) 1.1607

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.1932 1.1665 1.1741
February 1.1777 1.1573 1.1648
March 1.1780 1.1633 1.1715
April 1.1700 1.1514 1.1613
May 1.1751 1.1574 1.1663
June 1.1838 1.1564 1.1662
July 1.1802 1.1585 1.1704
August 1.2002 1.1627 1.1855
September 1.2066 1.1922 1.1983
October 1.1959 1.1707 1.1814
November 1.1773 1.1460 1.1611
December 1.1642 1.1406 1.1500