YEARLY HIGH
0.0579 TND
YEARLY LOW
0.0527 TND
YEARLY AVERAGE
0.0554 TND

2023 DOP to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DOP to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 0.0579. Conversely, the yearly low was recorded on December 31, dropping to 0.0527.

This high-to-low spread represents a total annual volatility of 0.0052 TND. From a start-to-finish perspective, comparing the January average rate of 0.0546 to the December average rate of 0.0541, the exchange rate registered a net change of -1.03% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0579 was down 6.98% compared to the 2022 peak of 0.0622, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 289 TND
2022 Average 281 TND
Yearly Trough Low 264 TND
Transaction Impact: A difference of 25.82 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0571
0.0538
JanuMarcMayJulySeptNove

DOP 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 0.0559, compared to 0.0550 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.0559
H2 Avg (Jul–Dec) 0.0550

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0035 TND (High: 0.0567 / Low: 0.0532). On the other end, October was the most stable month, with a tight range of 0.0007 TND (High: 0.0562 / Low: 0.0555).

February Spread (Volatile) ±0.0035
October Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between January and March, 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 June and July, when the average rate fell by 0.0014 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0014

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0568) against the same month in 2022 (average: 0.0537), the exchange rate shifted by +0.0031 (+5.83%).

2023 Avg (March) 0.0568
2022 Avg (March) 0.0537

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0555 0.0537 0.0546
February 0.0567 0.0532 0.0553
March 0.0579 0.0555 0.0568
April 0.0573 0.0552 0.0560
May 0.0568 0.0556 0.0562
June 0.0569 0.0559 0.0564
July 0.0561 0.0540 0.0550
August 0.0551 0.0540 0.0546
September 0.0560 0.0543 0.0553
October 0.0562 0.0555 0.0559
November 0.0566 0.0543 0.0552
December 0.0550 0.0527 0.0541