2023 HKD to TND Historical Review

YEARLY HIGH

0.4072 TND

YEARLY LOW

0.3857 TND

YEARLY AVERAGE

0.3964 TND

2023 HKD to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HKD to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on October 4, valuing the pair at 0.4072. Conversely, the yearly low was recorded on April 13, dropping to 0.3857.

This high-to-low spread represents a total annual volatility of 0.0215 TND. From a start-to-finish perspective, comparing the January average rate of 0.3953 to the December average rate of 0.3968, the exchange rate registered a net change of 0.39% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.4072 was down 3.73% compared to the 2022 peak of 0.4229, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 HKD based on timing:

Yearly Peak High 10,179 TND

2022 Average 9,840 TND

Yearly Trough Low 9,642 TND

Transaction Impact: A difference of 536.93 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.4070

0.3885

JanuMarcMayJulySeptNove

HKD 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 0.3942, compared to 0.3985 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0043 points.

H1 Avg (Jan–Jun) 0.3942

H2 Avg (Jul–Dec) 0.3985

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0156 TND (High: 0.4036 / Low: 0.3880). On the other end, August was the most stable month, with a tight range of 0.0034 TND (High: 0.3972 / Low: 0.3938).

March Spread (Volatile) ±0.0156

August Spread (Stable) ±0.0034

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 (October 2023: 0.4054) against the same month in 2022 (average: 0.4145), the exchange rate shifted by -0.0091 (-2.19%).

2023 Avg (October) 0.4054

2022 Avg (October) 0.4145

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4015	0.3890	0.3953
February	0.4019	0.3863	0.3961
March	0.4036	0.3880	0.3977
April	0.3994	0.3857	0.3901
May	0.3956	0.3863	0.3913
June	0.3971	0.3929	0.3950
July	0.3962	0.3875	0.3923
August	0.3972	0.3938	0.3950
September	0.4061	0.3944	0.4008
October	0.4072	0.4030	0.4054
November	0.4071	0.3966	0.4010
December	0.4010	0.3923	0.3968