YEARLY HIGH
0.0063 TND
YEARLY LOW
0.0037 TND
YEARLY AVERAGE
0.0048 TND

2023 AOA to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AOA to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on March 8, valuing the pair at 0.0063. Conversely, the yearly low was recorded on July 20, dropping to 0.0037.

This high-to-low spread represents a total annual volatility of 0.0026 TND. From a start-to-finish perspective, comparing the January average rate of 0.0061 to the December average rate of 0.0037, the exchange rate registered a net change of -39.22% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0063 was down 18.54% compared to the 2022 peak of 0.0077, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 31 TND
2022 Average 34 TND
Yearly Trough Low 18 TND
Transaction Impact: A difference of 12.98 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0064
0.0035
JanuMarcMayJulySeptNove

AOA 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 0.0058, compared to 0.0038 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0020 points.

H1 Avg (Jan–Jun) 0.0058
H2 Avg (Jul–Dec) 0.0038

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0015 TND (High: 0.0052 / Low: 0.0037). On the other end, August was the most stable month, with a tight range of 0.0000 TND (High: 0.0038 / Low: 0.0037).

June Spread (Volatile) ±0.0015
August Spread (Stable) ±0.0000

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 May and June, when the average rate fell by 0.0013 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0062) against the same month in 2022 (average: 0.0063), the exchange rate shifted by -0.0002 (-2.48%).

2023 Avg (March) 0.0062
2022 Avg (March) 0.0063

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0062 0.0060 0.0061
February 0.0063 0.0060 0.0062
March 0.0063 0.0060 0.0062
April 0.0062 0.0059 0.0060
May 0.0060 0.0053 0.0058
June 0.0052 0.0037 0.0045
July 0.0038 0.0037 0.0037
August 0.0038 0.0037 0.0037
September 0.0038 0.0037 0.0038
October 0.0039 0.0038 0.0038
November 0.0038 0.0037 0.0038
December 0.0038 0.0037 0.0037