2023 AWG to TND Historical Review

YEARLY HIGH

1.7708 TND

YEARLY LOW

1.6807 TND

YEARLY AVERAGE

1.7233 TND

2023 AWG to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AWG to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on October 4, valuing the pair at 1.7708. Conversely, the yearly low was recorded on July 21, dropping to 1.6807.

This high-to-low spread represents a total annual volatility of 0.0901 TND. From a start-to-finish perspective, comparing the January average rate of 1.7161 to the December average rate of 1.7205, the exchange rate registered a net change of 0.26% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.7708 was down 3.86% compared to the 2022 peak of 1.8419, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 8,854 TND

2022 Average 8,562 TND

Yearly Trough Low 8,404 TND

Transaction Impact: A difference of 450.56 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.7679

1.6936

JanuMarcMayJulySeptNove

AWG 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 1.7158, compared to 1.7309 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0151 points.

H1 Avg (Jan–Jun) 1.7158

H2 Avg (Jul–Dec) 1.7309

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0689 TND (High: 1.7514 / Low: 1.6825). On the other end, October was the most stable month, with a tight range of 0.0197 TND (High: 1.7708 / Low: 1.7512).

February Spread (Volatile) ±0.0689

October Spread (Stable) ±0.0197

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 0.0334 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0334

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 1.7617) against the same month in 2022 (average: 1.8067), the exchange rate shifted by -0.0450 (-2.49%).

2023 Avg (October) 1.7617

2022 Avg (October) 1.8067

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.7411	1.6919	1.7161
February	1.7514	1.6825	1.7258
March	1.7576	1.6896	1.7331
April	1.7417	1.6819	1.6998
May	1.7182	1.6820	1.7025
June	1.7290	1.7062	1.7173
July	1.7194	1.6807	1.7020
August	1.7297	1.7082	1.7161
September	1.7644	1.7170	1.7427
October	1.7708	1.7512	1.7617
November	1.7692	1.7186	1.7421
December	1.7392	1.7004	1.7205