YEARLY HIGH
0.0060 TND
YEARLY LOW
0.0052 TND
YEARLY AVERAGE
0.0057 TND

2023 CRC to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CRC to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on November 5, valuing the pair at 0.0060. Conversely, the yearly low was recorded on January 10, dropping to 0.0052.

This high-to-low spread represents a total annual volatility of 0.0008 TND. From a start-to-finish perspective, comparing the January average rate of 0.0054 to the December average rate of 0.0059, the exchange rate registered a net change of 9.68% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0060 was up 9.31% compared to the 2022 peak of 0.0055, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 30 TND
2022 Average 24 TND
Yearly Trough Low 26 TND
Transaction Impact: A difference of 3.81 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0060
0.0053
JanuMarcMayJulySeptNove

CRC 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 0.0056, compared to 0.0058 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0056
H2 Avg (Jul–Dec) 0.0058

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0003 TND (High: 0.0057 / Low: 0.0053). On the other end, October was the most stable month, with a tight range of 0.0001 TND (High: 0.0060 / Low: 0.0059).

February Spread (Volatile) ±0.0003
October Spread (Stable) ±0.0001

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 October and November, when the average rate fell by 0.0001 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.0059) against the same month in 2022 (average: 0.0053), the exchange rate shifted by +0.0006 (+11.98%).

2023 Avg (November) 0.0059
2022 Avg (November) 0.0053

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0055 0.0052 0.0054
February 0.0057 0.0053 0.0055
March 0.0058 0.0056 0.0057
April 0.0059 0.0056 0.0057
May 0.0058 0.0056 0.0057
June 0.0058 0.0057 0.0057
July 0.0058 0.0056 0.0057
August 0.0058 0.0057 0.0057
September 0.0060 0.0057 0.0059
October 0.0060 0.0059 0.0060
November 0.0060 0.0058 0.0059
December 0.0059 0.0058 0.0059