2023 BOB to TND Historical Review

YEARLY HIGH

0.4619 TND

YEARLY LOW

0.4359 TND

YEARLY AVERAGE

0.4493 TND

2023 BOB to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BOB to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on November 5, valuing the pair at 0.4619. Conversely, the yearly low was recorded on February 5, dropping to 0.4359.

This high-to-low spread represents a total annual volatility of 0.0260 TND. From a start-to-finish perspective, comparing the January average rate of 0.4473 to the December average rate of 0.4480, the exchange rate registered a net change of 0.15% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.4619 was down 3.85% compared to the 2022 peak of 0.4804, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,309 TND

2022 Average 2,236 TND

Yearly Trough Low 2,180 TND

Transaction Impact: A difference of 129.89 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.4611

0.4416

JanuMarcMayJulySeptNove

BOB 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 0.4474, compared to 0.4511 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0038 points.

H1 Avg (Jan–Jun) 0.4474

H2 Avg (Jul–Dec) 0.4511

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0204 TND (High: 0.4563 / Low: 0.4359). On the other end, October was the most stable month, with a tight range of 0.0060 TND (High: 0.4619 / Low: 0.4558).

February Spread (Volatile) ±0.0204

October Spread (Stable) ±0.0060

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 0.0091 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0091

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.4536) against the same month in 2022 (average: 0.4660), the exchange rate shifted by -0.0124 (-2.66%).

2023 Avg (November) 0.4536

2022 Avg (November) 0.4660

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4537	0.4412	0.4473
February	0.4563	0.4359	0.4497
March	0.4593	0.4407	0.4523
April	0.4532	0.4382	0.4432
May	0.4483	0.4387	0.4440
June	0.4512	0.4448	0.4478
July	0.4501	0.4374	0.4442
August	0.4506	0.4439	0.4474
September	0.4596	0.4468	0.4542
October	0.4619	0.4558	0.4595
November	0.4619	0.4482	0.4536
December	0.4530	0.4412	0.4480