2023 ARS to TND Historical Review

YEARLY HIGH

0.0176 TND

YEARLY LOW

0.0038 TND

YEARLY AVERAGE

0.0119 TND

2023 ARS to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ARS to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0176. Conversely, the yearly low was recorded on December 31, dropping to 0.0038.

This high-to-low spread represents a total annual volatility of 0.0138 TND. From a start-to-finish perspective, comparing the January average rate of 0.0170 to the December average rate of 0.0057, the exchange rate registered a net change of -66.52% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0176 was down 37.25% compared to the 2022 peak of 0.0280, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 88 TND

2022 Average 120 TND

Yearly Trough Low 19 TND

Transaction Impact: A difference of 69.05 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0181

0.0046

JanuMarcMayJulySeptNove

ARS 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 0.0148, compared to 0.0090 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0058 points.

H1 Avg (Jan–Jun) 0.0148

H2 Avg (Jul–Dec) 0.0090

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.0049 TND (High: 0.0086 / Low: 0.0038). On the other end, October was the most stable month, with a tight range of 0.0001 TND (High: 0.0091 / Low: 0.0090).

December Spread (Volatile) ±0.0049

October Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0032 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0032

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0170) against the same month in 2022 (average: 0.0278), the exchange rate shifted by -0.0108 (-38.85%).

2023 Avg (January) 0.0170

2022 Avg (January) 0.0278

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0176	0.0163	0.0170
February	0.0165	0.0160	0.0162
March	0.0159	0.0146	0.0154
April	0.0146	0.0137	0.0142
May	0.0137	0.0129	0.0133
June	0.0129	0.0121	0.0125
July	0.0121	0.0112	0.0115
August	0.0112	0.0088	0.0097
September	0.0091	0.0088	0.0090
October	0.0091	0.0090	0.0091
November	0.0091	0.0086	0.0089
December	0.0086	0.0038	0.0057