2023 ETB to TND Historical Review

YEARLY HIGH

0.0589 TND

YEARLY LOW

0.0543 TND

YEARLY AVERAGE

0.0567 TND

2023 ETB to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ETB to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 0.0589. Conversely, the yearly low was recorded on December 30, dropping to 0.0543.

This high-to-low spread represents a total annual volatility of 0.0046 TND. From a start-to-finish perspective, comparing the January average rate of 0.0576 to the December average rate of 0.0552, the exchange rate registered a net change of -4.24% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0589 was down 6.40% compared to the 2022 peak of 0.0630, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 295 TND

2022 Average 297 TND

Yearly Trough Low 272 TND

Transaction Impact: A difference of 23.17 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0584

0.0549

JanuMarcMayJulySeptNove

ETB 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 0.0572, compared to 0.0562 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.0572

H2 Avg (Jul–Dec) 0.0562

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0024 TND (High: 0.0589 / Low: 0.0565). On the other end, October was the most stable month, with a tight range of 0.0008 TND (High: 0.0574 / Low: 0.0566).

March Spread (Volatile) ±0.0024

October Spread (Stable) ±0.0008

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 March and April, when the average rate fell by 0.0015 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0015

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0581) against the same month in 2022 (average: 0.0576), the exchange rate shifted by +0.0004 (+0.77%).

2023 Avg (March) 0.0581

2022 Avg (March) 0.0576

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0584	0.0568	0.0576
February	0.0586	0.0563	0.0579
March	0.0589	0.0565	0.0581
April	0.0579	0.0558	0.0565
May	0.0570	0.0557	0.0564
June	0.0572	0.0562	0.0567
July	0.0568	0.0551	0.0559
August	0.0565	0.0556	0.0561
September	0.0574	0.0559	0.0568
October	0.0574	0.0566	0.0571
November	0.0574	0.0551	0.0562
December	0.0561	0.0543	0.0552