YEARLY HIGH
0.6524 TND
YEARLY LOW
0.5704 TND
YEARLY AVERAGE
0.6218 TND

2023 BRL to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BRL to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on July 26, valuing the pair at 0.6524. Conversely, the yearly low was recorded on January 3, dropping to 0.5704.

This high-to-low spread represents a total annual volatility of 0.0820 TND. From a start-to-finish perspective, comparing the January average rate of 0.5959 to the December average rate of 0.6328, the exchange rate registered a net change of 6.19% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.6524 was down 0.26% compared to the 2022 peak of 0.6541, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 BRL based on timing:

Yearly Peak High 16,311 TND
2022 Average 14,949 TND
Yearly Trough Low 14,260 TND
Transaction Impact: A difference of 2,050.69 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.6435
0.5916
JanuMarcMayJulySeptNove

BRL 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 0.6099, compared to 0.6336 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0237 points.

H1 Avg (Jan–Jun) 0.6099
H2 Avg (Jul–Dec) 0.6336

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0395 TND (High: 0.6099 / Low: 0.5704). On the other end, December was the most stable month, with a tight range of 0.0185 TND (High: 0.6391 / Low: 0.6207).

January Spread (Volatile) ±0.0395
December Spread (Stable) ±0.0185

Growth Streaks & Declines

Trends

Between March and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0093 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0093

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.6391) against the same month in 2022 (average: 0.5802), the exchange rate shifted by +0.0590 (+10.16%).

2023 Avg (July) 0.6391
2022 Avg (July) 0.5802

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6099 0.5704 0.5959
February 0.6136 0.5864 0.6001
March 0.6156 0.5903 0.5990
April 0.6344 0.5998 0.6106
May 0.6269 0.6042 0.6163
June 0.6489 0.6164 0.6376
July 0.6524 0.6285 0.6391
August 0.6439 0.6198 0.6299
September 0.6491 0.6224 0.6345
October 0.6370 0.6148 0.6268
November 0.6498 0.6290 0.6388
December 0.6391 0.6207 0.6328