2023 GMD to TND Historical Review

YEARLY HIGH

0.0524 TND

YEARLY LOW

0.0455 TND

YEARLY AVERAGE

0.0499 TND

2023 GMD to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GMD to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on June 12, valuing the pair at 0.0524. Conversely, the yearly low was recorded on December 27, dropping to 0.0455.

This high-to-low spread represents a total annual volatility of 0.0069 TND. From a start-to-finish perspective, comparing the January average rate of 0.0498 to the December average rate of 0.0460, the exchange rate registered a net change of -7.67% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0524 was down 13.02% compared to the 2022 peak of 0.0602, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 262 TND

2022 Average 279 TND

Yearly Trough Low 227 TND

Transaction Impact: A difference of 34.43 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0526

0.0454

JanuMarcMayJulySeptNove

GMD 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 0.0507, compared to 0.0491 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0017 points.

H1 Avg (Jan–Jun) 0.0507

H2 Avg (Jul–Dec) 0.0491

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 0.0035 TND (High: 0.0520 / Low: 0.0486). On the other end, August was the most stable month, with a tight range of 0.0004 TND (High: 0.0512 / Low: 0.0508).

September Spread (Volatile) ±0.0035

August Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between April and June, 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 September and October, when the average rate fell by 0.0024 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0024

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 0.0520) against the same month in 2022 (average: 0.0567), the exchange rate shifted by -0.0047 (-8.23%).

2023 Avg (June) 0.0520

2022 Avg (June) 0.0567

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0505	0.0491	0.0498
February	0.0517	0.0492	0.0509
March	0.0517	0.0490	0.0508
April	0.0505	0.0486	0.0495
May	0.0520	0.0504	0.0513
June	0.0524	0.0517	0.0520
July	0.0520	0.0507	0.0514
August	0.0512	0.0508	0.0510
September	0.0520	0.0486	0.0508
October	0.0490	0.0478	0.0484
November	0.0490	0.0460	0.0468
December	0.0465	0.0455	0.0460