2023 GTQ to TND Historical Review

YEARLY HIGH

0.4071 TND

YEARLY LOW

0.3837 TND

YEARLY AVERAGE

0.3964 TND

2023 GTQ to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GTQ to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on November 2, valuing the pair at 0.4071. Conversely, the yearly low was recorded on February 5, dropping to 0.3837.

This high-to-low spread represents a total annual volatility of 0.0234 TND. From a start-to-finish perspective, comparing the January average rate of 0.3938 to the December average rate of 0.3957, the exchange rate registered a net change of 0.46% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.4071 was down 3.80% compared to the 2022 peak of 0.4232, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,036 TND

2022 Average 1,988 TND

Yearly Trough Low 1,919 TND

Transaction Impact: A difference of 116.98 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.4061

0.3899

JanuMarcMayJulySeptNove

GTQ 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 0.3954, compared to 0.3974 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0020 points.

H1 Avg (Jan–Jun) 0.3954

H2 Avg (Jul–Dec) 0.3974

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0200 TND (High: 0.4037 / Low: 0.3837). On the other end, June was the most stable month, with a tight range of 0.0059 TND (High: 0.3982 / Low: 0.3923).

February Spread (Volatile) ±0.0200

June Spread (Stable) ±0.0059

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 0.0076 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0076

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.4002) against the same month in 2022 (average: 0.4122), the exchange rate shifted by -0.0120 (-2.91%).

2023 Avg (November) 0.4002

2022 Avg (November) 0.4122

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3996	0.3883	0.3938
February	0.4037	0.3837	0.3968
March	0.4069	0.3907	0.4006
April	0.4018	0.3882	0.3930
May	0.3969	0.3883	0.3930
June	0.3982	0.3923	0.3949
July	0.3966	0.3858	0.3913
August	0.3968	0.3900	0.3934
September	0.4041	0.3921	0.3989
October	0.4067	0.4007	0.4047
November	0.4071	0.3958	0.4002
December	0.3999	0.3897	0.3957