2024 TRY to TND Historical Review

YEARLY HIGH

0.1040 TND

YEARLY LOW

0.0883 TND

YEARLY AVERAGE

0.0948 TND

2024 TRY to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TRY to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 0.1040. Conversely, the yearly low was recorded on September 25, dropping to 0.0883.

This high-to-low spread represents a total annual volatility of 0.0157 TND. From a start-to-finish perspective, comparing the January average rate of 0.1031 to the December average rate of 0.0905, the exchange rate registered a net change of -12.24% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1040 was down 37.81% compared to the 2023 peak of 0.1672, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 TRY based on timing:

Yearly Peak High 5,199 TND

2023 Average 6,718 TND

Yearly Trough Low 4,416 TND

Transaction Impact: A difference of 782.58 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1045

0.0878

JanuMarcMayJulySeptNove

TRY to TND 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 0.0985, compared to 0.0911 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0075 points.

H1 Avg (Jan–Jun) 0.0985

H2 Avg (Jul–Dec) 0.0911

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0047 TND (High: 0.0937 / Low: 0.0890). On the other end, May was the most stable month, with a tight range of 0.0010 TND (High: 0.0971 / Low: 0.0962).

August Spread (Volatile) ±0.0047

May Spread (Stable) ±0.0010

Growth Streaks & Declines

Trends

Between September and November, 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 February and March, when the average rate fell by 0.0046 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0046

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.1031) against the same month in 2023 (average: 0.1646), the exchange rate shifted by -0.0615 (-37.34%).

2024 Avg (January) 0.1031

2023 Avg (January) 0.1646

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1040	0.1026	0.1031
February	0.1028	0.0997	0.1015
March	0.0996	0.0956	0.0970
April	0.0981	0.0960	0.0969
May	0.0971	0.0962	0.0968
June	0.0967	0.0951	0.0959
July	0.0965	0.0934	0.0946
August	0.0937	0.0890	0.0911
September	0.0900	0.0883	0.0892
October	0.0907	0.0890	0.0901
November	0.0921	0.0901	0.0910
December	0.0911	0.0898	0.0905