2023 HRK to TND Historical Review

YEARLY HIGH

0.4567 TND

YEARLY LOW

0.4354 TND

YEARLY AVERAGE

0.4454 TND

2023 HRK to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HRK to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on April 23, valuing the pair at 0.4567. Conversely, the yearly low was recorded on February 5, dropping to 0.4354.

This high-to-low spread represents a total annual volatility of 0.0213 TND. From a start-to-finish perspective, comparing the January average rate of 0.4426 to the December average rate of 0.4491, the exchange rate registered a net change of 1.47% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.4567 was up 0.44% compared to the 2022 peak of 0.4547, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,283 TND

2022 Average 2,151 TND

Yearly Trough Low 2,177 TND

Transaction Impact: A difference of 106.58 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.4509

0.4403

JanuMarcMayJulySeptNove

HRK 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 0.4433, compared to 0.4476 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) 0.4433

H2 Avg (Jul–Dec) 0.4476

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.0195 TND (High: 0.4567 / Low: 0.4372). On the other end, October was the most stable month, with a tight range of 0.0063 TND (High: 0.4483 / Low: 0.4420).

April Spread (Volatile) ±0.0195

October Spread (Stable) ±0.0063

Growth Streaks & Declines

Trends

Between February and April, 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 April and May, when the average rate fell by 0.0034 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0034

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 0.4454) against the same month in 2022 (average: 0.4292), the exchange rate shifted by +0.0162 (+3.77%).

2023 Avg (April) 0.4454

2022 Avg (April) 0.4292

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4479	0.4365	0.4426
February	0.4457	0.4354	0.4412
March	0.4512	0.4363	0.4435
April	0.4567	0.4372	0.4454
May	0.4470	0.4385	0.4420
June	0.4500	0.4390	0.4451
July	0.4552	0.4453	0.4500
August	0.4511	0.4430	0.4475
September	0.4472	0.4402	0.4446
October	0.4483	0.4420	0.4449
November	0.4535	0.4454	0.4494
December	0.4539	0.4433	0.4491