2023 AED to TND Historical Review

YEARLY HIGH

0.8678 TND

YEARLY LOW

0.8244 TND

YEARLY AVERAGE

0.8449 TND

2023 AED to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AED to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on October 4, valuing the pair at 0.8678. Conversely, the yearly low was recorded on April 13, dropping to 0.8244.

This high-to-low spread represents a total annual volatility of 0.0435 TND. From a start-to-finish perspective, comparing the January average rate of 0.8415 to the December average rate of 0.8438, the exchange rate registered a net change of 0.27% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.8678 was down 3.99% compared to the 2022 peak of 0.9039, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 AED based on timing:

Yearly Peak High 4,339 TND

2022 Average 4,196 TND

Yearly Trough Low 4,122 TND

Transaction Impact: A difference of 217.26 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.8668

0.8307

JanuMarcMayJulySeptNove

AED 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 0.8414, compared to 0.8485 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0070 points.

H1 Avg (Jan–Jun) 0.8414

H2 Avg (Jul–Dec) 0.8485

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0338 TND (High: 0.8583 / Low: 0.8245). On the other end, October was the most stable month, with a tight range of 0.0084 TND (High: 0.8678 / Low: 0.8594).

February Spread (Volatile) ±0.0338

October Spread (Stable) ±0.0084

Growth Streaks & Declines

Trends

Between July and October, 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 March and April, when the average rate fell by 0.0161 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0161

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.8638) against the same month in 2022 (average: 0.8859), the exchange rate shifted by -0.0221 (-2.49%).

2023 Avg (October) 0.8638

2022 Avg (October) 0.8859

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8533	0.8304	0.8415
February	0.8583	0.8245	0.8462
March	0.8626	0.8292	0.8498
April	0.8537	0.8244	0.8337
May	0.8434	0.8256	0.8351
June	0.8473	0.8373	0.8422
July	0.8437	0.8248	0.8349
August	0.8477	0.8383	0.8416
September	0.8647	0.8419	0.8543
October	0.8678	0.8594	0.8638
November	0.8670	0.8435	0.8523
December	0.8525	0.8343	0.8438