YEARLY HIGH
0.7763 TOP
YEARLY LOW
0.7495 TOP
YEARLY AVERAGE
0.7614 TOP

2024 TND to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TND to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on September 16, valuing the pair at 0.7763. Conversely, the yearly low was recorded on December 29, dropping to 0.7495.

This high-to-low spread represents a total annual volatility of 0.0269 TOP. From a start-to-finish perspective, comparing the January average rate of 0.7591 to the December average rate of 0.7559, the exchange rate registered a net change of -0.42% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.7763 was down 0.47% compared to the 2023 peak of 0.7800, 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 3,882 TOP
2023 Average 3,806 TOP
Yearly Trough Low 3,747 TOP
Transaction Impact: A difference of 134.38 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.7730
0.7533
JanuMarcMayJulySeptNove

TND to TOP 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 0.7585, compared to 0.7642 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0057 points.

H1 Avg (Jan–Jun) 0.7585
H2 Avg (Jul–Dec) 0.7642

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0185 TOP (High: 0.7701 / Low: 0.7516). On the other end, October was the most stable month, with a tight range of 0.0067 TOP (High: 0.7698 / Low: 0.7631).

July Spread (Volatile) ±0.0185
October Spread (Stable) ±0.0067

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 November and December, when the average rate fell by 0.0062 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0062

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.7714) against the same month in 2023 (average: 0.7620), the exchange rate shifted by +0.0093 (+1.22%).

2024 Avg (September) 0.7714
2023 Avg (September) 0.7620

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7607 0.7536 0.7591
February 0.7630 0.7521 0.7569
March 0.7673 0.7552 0.7619
April 0.7681 0.7558 0.7601
May 0.7637 0.7559 0.7581
June 0.7616 0.7495 0.7550
July 0.7701 0.7516 0.7601
August 0.7756 0.7653 0.7702
September 0.7763 0.7649 0.7714
October 0.7698 0.7631 0.7657
November 0.7708 0.7540 0.7621
December 0.7636 0.7495 0.7559