2023 BWP to TND Historical Review

YEARLY HIGH

0.2456 TND

YEARLY LOW

0.2242 TND

YEARLY AVERAGE

0.2325 TND

2023 BWP to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BWP to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 0.2456. Conversely, the yearly low was recorded on June 1, dropping to 0.2242.

This high-to-low spread represents a total annual volatility of 0.0214 TND. From a start-to-finish perspective, comparing the January average rate of 0.2420 to the December average rate of 0.2294, the exchange rate registered a net change of -5.18% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2456 was down 5.64% compared to the 2022 peak of 0.2603, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,228 TND

2022 Average 1,247 TND

Yearly Trough Low 1,121 TND

Transaction Impact: A difference of 107.14 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2434

0.2263

JanuMarcMayJulySeptNove

BWP 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 0.2345, compared to 0.2305 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0040 points.

H1 Avg (Jan–Jun) 0.2345

H2 Avg (Jul–Dec) 0.2305

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0105 TND (High: 0.2379 / Low: 0.2274). On the other end, October was the most stable month, with a tight range of 0.0037 TND (High: 0.2330 / Low: 0.2293).

July Spread (Volatile) ±0.0105

October Spread (Stable) ±0.0037

Growth Streaks & Declines

Trends

Between August and November, 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 April and May, when the average rate fell by 0.0056 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0056

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.2420) against the same month in 2022 (average: 0.2486), the exchange rate shifted by -0.0066 (-2.67%).

2023 Avg (January) 0.2420

2022 Avg (January) 0.2486

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2456	0.2370	0.2420
February	0.2404	0.2345	0.2375
March	0.2391	0.2323	0.2361
April	0.2388	0.2288	0.2333
May	0.2314	0.2242	0.2277
June	0.2331	0.2242	0.2302
July	0.2379	0.2274	0.2317
August	0.2335	0.2268	0.2291
September	0.2327	0.2254	0.2299
October	0.2330	0.2293	0.2310
November	0.2359	0.2280	0.2316
December	0.2324	0.2273	0.2294