2023 CVE to TND Historical Review

YEARLY HIGH

0.0312 TND

YEARLY LOW

0.0296 TND

YEARLY AVERAGE

0.0304 TND

2023 CVE to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CVE to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on April 17, valuing the pair at 0.0312. Conversely, the yearly low was recorded on June 13, dropping to 0.0296.

This high-to-low spread represents a total annual volatility of 0.0016 TND. From a start-to-finish perspective, comparing the January average rate of 0.0302 to the December average rate of 0.0306, the exchange rate registered a net change of 1.56% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0312 was up 1.14% compared to the 2022 peak of 0.0308, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 156 TND

2022 Average 147 TND

Yearly Trough Low 148 TND

Transaction Impact: A difference of 7.81 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0308

0.0301

JanuMarcMayJulySeptNove

CVE 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 0.0302, compared to 0.0305 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0302

H2 Avg (Jul–Dec) 0.0305

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.0012 TND (High: 0.0312 / Low: 0.0300). On the other end, October was the most stable month, with a tight range of 0.0004 TND (High: 0.0306 / Low: 0.0302).

April Spread (Volatile) ±0.0012

October Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between February and April, 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 April and May, when the average rate fell by 0.0002 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 0.0304) against the same month in 2022 (average: 0.0294), the exchange rate shifted by +0.0010 (+3.43%).

2023 Avg (April) 0.0304

2022 Avg (April) 0.0294

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0305	0.0298	0.0302
February	0.0304	0.0299	0.0302
March	0.0309	0.0300	0.0303
April	0.0312	0.0300	0.0304
May	0.0304	0.0299	0.0302
June	0.0306	0.0296	0.0303
July	0.0311	0.0304	0.0307
August	0.0309	0.0303	0.0306
September	0.0305	0.0301	0.0304
October	0.0306	0.0302	0.0304
November	0.0308	0.0302	0.0306
December	0.0308	0.0301	0.0306