2023 CAD to TND Historical Review

YEARLY HIGH

2.3542 TND

YEARLY LOW

2.2189 TND

YEARLY AVERAGE

2.2988 TND

2023 CAD to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CAD to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on September 25, valuing the pair at 2.3542. Conversely, the yearly low was recorded on April 29, dropping to 2.2189.

This high-to-low spread represents a total annual volatility of 0.1353 TND. From a start-to-finish perspective, comparing the January average rate of 2.3032 to the December average rate of 2.3108, the exchange rate registered a net change of 0.33% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.3542 was down 5.13% compared to the 2022 peak of 2.4816, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,771 TND

2022 Average 11,836 TND

Yearly Trough Low 11,094 TND

Transaction Impact: A difference of 676.62 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.3344

2.2590

JanuMarcMayJulySeptNove

CAD 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 2.2918, compared to 2.3057 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0139 points.

H1 Avg (Jan–Jun) 2.2918

H2 Avg (Jul–Dec) 2.3057

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.1216 TND (High: 2.3405 / Low: 2.2189). On the other end, December was the most stable month, with a tight range of 0.0436 TND (High: 2.3320 / Low: 2.2883).

April Spread (Volatile) ±0.1216

December Spread (Stable) ±0.0436

Growth Streaks & Declines

Trends

Between April and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0313 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0313

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 2.3159) against the same month in 2022 (average: 2.4230), the exchange rate shifted by -0.1071 (-4.42%).

2023 Avg (September) 2.3159

2022 Avg (September) 2.4230

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.3398	2.2786	2.3032
February	2.3439	2.2671	2.3094
March	2.3090	2.2515	2.2781
April	2.3405	2.2189	2.2653
May	2.2934	2.2294	2.2668
June	2.3528	2.2987	2.3281
July	2.3407	2.2898	2.3180
August	2.3257	2.2721	2.2924
September	2.3542	2.2673	2.3159
October	2.3388	2.2880	2.3137
November	2.3293	2.2625	2.2837
December	2.3320	2.2883	2.3108