YEARLY HIGH
0.1261 TND
YEARLY LOW
0.0980 TND
YEARLY AVERAGE
0.1013 TND

2023 EGP to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the EGP to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.1261. Conversely, the yearly low was recorded on April 30, dropping to 0.0980.

This high-to-low spread represents a total annual volatility of 0.0282 TND. From a start-to-finish perspective, comparing the January average rate of 0.1085 to the December average rate of 0.1003, the exchange rate registered a net change of -7.57% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1261 was down 32.91% compared to the 2022 peak of 0.1880, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 631 TND
2022 Average 814 TND
Yearly Trough Low 490 TND
Transaction Impact: A difference of 140.92 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1094
0.0984
JanuMarcMayJulySeptNove

EGP 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 0.1018, compared to 0.1009 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) 0.1018
H2 Avg (Jul–Dec) 0.1009

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0251 TND (High: 0.1261 / Low: 0.1011). On the other end, June was the most stable month, with a tight range of 0.0015 TND (High: 0.1010 / Low: 0.0995).

January Spread (Volatile) ±0.0251
June Spread (Stable) ±0.0015

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 January and February, when the average rate fell by 0.0065 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0065

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.1085) against the same month in 2022 (average: 0.1836), the exchange rate shifted by -0.0751 (-40.90%).

2023 Avg (January) 0.1085
2022 Avg (January) 0.1836

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1261 0.1011 0.1085
February 0.1030 0.1003 0.1020
March 0.1027 0.0986 0.1013
April 0.1022 0.0980 0.0993
May 0.1006 0.0981 0.0994
June 0.1010 0.0995 0.1001
July 0.1003 0.0981 0.0993
August 0.1008 0.0992 0.1000
September 0.1028 0.1000 0.1016
October 0.1035 0.1017 0.1027
November 0.1033 0.1001 0.1014
December 0.1016 0.0989 0.1003