2023 BBD to TND Historical Review

YEARLY HIGH

1.5938 TND

YEARLY LOW

1.5137 TND

YEARLY AVERAGE

1.5517 TND

2023 BBD to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BBD to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on October 4, valuing the pair at 1.5938. Conversely, the yearly low was recorded on April 13, dropping to 1.5137.

This high-to-low spread represents a total annual volatility of 0.0800 TND. From a start-to-finish perspective, comparing the January average rate of 1.5455 to the December average rate of 1.5495, 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 1.5938 was down 3.99% compared to the 2022 peak of 1.6600, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 7,969 TND

2022 Average 7,706 TND

Yearly Trough Low 7,569 TND

Transaction Impact: A difference of 400.00 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.5919

1.5254

JanuMarcMayJulySeptNove

BBD 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 1.5452, compared to 1.5581 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0130 points.

H1 Avg (Jan–Jun) 1.5452

H2 Avg (Jul–Dec) 1.5581

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0620 TND (High: 1.5762 / Low: 1.5143). On the other end, October was the most stable month, with a tight range of 0.0155 TND (High: 1.5938 / Low: 1.5782).

February Spread (Volatile) ±0.0620

October Spread (Stable) ±0.0155

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 0.0297 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0297

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 1.5864) against the same month in 2022 (average: 1.6269), the exchange rate shifted by -0.0406 (-2.49%).

2023 Avg (October) 1.5864

2022 Avg (October) 1.6269

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.5670	1.5250	1.5455
February	1.5762	1.5143	1.5540
March	1.5840	1.5228	1.5606
April	1.5675	1.5137	1.5309
May	1.5485	1.5159	1.5333
June	1.5561	1.5377	1.5468
July	1.5494	1.5148	1.5334
August	1.5568	1.5395	1.5456
September	1.5880	1.5462	1.5690
October	1.5938	1.5782	1.5864
November	1.5922	1.5489	1.5652
December	1.5653	1.5321	1.5495