2024 TND to RSD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 TND to RSD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the TND to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 22, valuing the pair at 35.6292. Conversely, the yearly low was recorded on September 24, dropping to 34.2532.
This high-to-low spread represents a total annual volatility of 1.3760 RSD. From a start-to-finish perspective, comparing the January average rate of 34.6271 to the December average rate of 35.2570, the exchange rate registered a net change of 1.82% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 35.6292 was down 0.35% compared to the 2023 peak of 35.7556, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 TND based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
TND to RSD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 34.7251, compared to 34.8407 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1156 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was November, with a trading range of 1.0276 RSD (High: 35.6292 / Low: 34.6016). On the other end, February was the most stable month, with a tight range of 0.2716 RSD (High: 34.8615 / Low: 34.5899).
Growth Streaks & Declines
TrendsBetween August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.1744 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2024: 35.0921) against the same month in 2023 (average: 34.6178), the exchange rate shifted by +0.4744 (+1.37%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 34.8347 | 34.4672 | 34.6271 |
| February | 34.8615 | 34.5899 | 34.7084 |
| March | 35.0867 | 34.4571 | 34.6830 |
| April | 35.4140 | 34.4950 | 34.8279 |
| May | 34.8719 | 34.4325 | 34.6853 |
| June | 35.0230 | 34.6109 | 34.8188 |
| July | 34.9057 | 34.3057 | 34.6444 |
| August | 34.9237 | 34.3965 | 34.5843 |
| September | 34.8498 | 34.2532 | 34.6579 |
| October | 35.0342 | 34.6591 | 34.8082 |
| November | 35.6292 | 34.6016 | 35.0921 |
| December | 35.6290 | 35.0564 | 35.2570 |