2024 TND to TRY Historical Review

YEARLY HIGH

11.3218 TRY

YEARLY LOW

9.6175 TRY

YEARLY AVERAGE

10.5703 TRY

2024 TND to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TND to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on September 25, valuing the pair at 11.3218. Conversely, the yearly low was recorded on January 2, dropping to 9.6175.

This high-to-low spread represents a total annual volatility of 1.7043 TRY. From a start-to-finish perspective, comparing the January average rate of 9.6974 to the December average rate of 11.0496, the exchange rate registered a net change of 13.94% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 11.3218 was up 17.38% compared to the 2023 peak of 9.6458, 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 56,609 TRY

2023 Average 38,364 TRY

Yearly Trough Low 48,088 TRY

Transaction Impact: A difference of 8,521.36 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

11.3574

9.5465

JanuMarcMayJulySeptNove

TND to TRY 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 10.1568, compared to 10.9838 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.8270 points.

H1 Avg (Jan–Jun) 10.1568

H2 Avg (Jul–Dec) 10.9838

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.5631 TRY (High: 11.2382 / Low: 10.6751). On the other end, May was the most stable month, with a tight range of 0.1034 TRY (High: 10.3990 / Low: 10.2956).

August Spread (Volatile) ±0.5631

May Spread (Stable) ±0.1034

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.1183 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.1183

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 11.2065) against the same month in 2023 (average: 8.6080), the exchange rate shifted by +2.5985 (+30.19%).

2024 Avg (September) 11.2065

2023 Avg (September) 8.6080

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	9.7459	9.6175	9.6974
February	10.0292	9.7317	9.8486
March	10.4574	10.0448	10.3142
April	10.4174	10.1964	10.3175
May	10.3990	10.2956	10.3301
June	10.5115	10.3442	10.4328
July	10.7110	10.3636	10.5748
August	11.2382	10.6751	10.9807
September	11.3218	11.1105	11.2065
October	11.2382	11.0266	11.1046
November	11.1017	10.8632	10.9863
December	11.1322	10.9807	11.0496