2024 TND to SGD Historical Review

YEARLY HIGH

0.4380 SGD

YEARLY LOW

0.4198 SGD

YEARLY AVERAGE

0.4295 SGD

2024 TND to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TND to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 15, valuing the pair at 0.4380. Conversely, the yearly low was recorded on September 24, dropping to 0.4198.

This high-to-low spread represents a total annual volatility of 0.0181 SGD. From a start-to-finish perspective, comparing the January average rate of 0.4305 to the December average rate of 0.4265, the exchange rate registered a net change of -0.93% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4380 was down 0.63% compared to the 2023 peak of 0.4407, 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 2,190 SGD

2023 Average 2,164 SGD

Yearly Trough Low 2,099 SGD

Transaction Impact: A difference of 90.69 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4336

0.4240

JanuMarcMayJulySeptNove

TND to SGD 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 0.4317, compared to 0.4274 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0043 points.

H1 Avg (Jan–Jun) 0.4317

H2 Avg (Jul–Dec) 0.4274

Volatility Range Comparison

Volatility

The most volatile month in 2024 was September, with a trading range of 0.0092 SGD (High: 0.4290 / Low: 0.4198). On the other end, February was the most stable month, with a tight range of 0.0030 SGD (High: 0.4314 / Low: 0.4284).

September Spread (Volatile) ±0.0092

February Spread (Stable) ±0.0030

Growth Streaks & Declines

Trends

Between February and April, 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 July and August, when the average rate fell by 0.0037 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0037

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.4327) against the same month in 2023 (average: 0.4351), the exchange rate shifted by -0.0023 (-0.54%).

2024 Avg (April) 0.4327

2023 Avg (April) 0.4351

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4340	0.4288	0.4305
February	0.4314	0.4284	0.4300
March	0.4366	0.4291	0.4315
April	0.4380	0.4301	0.4327
May	0.4343	0.4301	0.4324
June	0.4356	0.4309	0.4328
July	0.4350	0.4290	0.4323
August	0.4318	0.4259	0.4286
September	0.4290	0.4198	0.4262
October	0.4269	0.4228	0.4248
November	0.4292	0.4226	0.4259
December	0.4298	0.4247	0.4265