2023 ISK to TND Historical Review

YEARLY HIGH

0.0237 TND

YEARLY LOW

0.0213 TND

YEARLY AVERAGE

0.0225 TND

2023 ISK to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ISK to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on August 30, valuing the pair at 0.0237. Conversely, the yearly low was recorded on January 17, dropping to 0.0213.

This high-to-low spread represents a total annual volatility of 0.0024 TND. From a start-to-finish perspective, comparing the January average rate of 0.0216 to the December average rate of 0.0225, the exchange rate registered a net change of 3.93% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0237 was down 0.76% compared to the 2022 peak of 0.0239, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 119 TND

2022 Average 114 TND

Yearly Trough Low 107 TND

Transaction Impact: A difference of 11.89 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0236

0.0214

JanuMarcMayJulySeptNove

ISK 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 0.0221, compared to 0.0229 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.0221

H2 Avg (Jul–Dec) 0.0229

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0010 TND (High: 0.0235 / Low: 0.0225). On the other end, August was the most stable month, with a tight range of 0.0004 TND (High: 0.0237 / Low: 0.0233).

July Spread (Volatile) ±0.0010

August Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between January and April, 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 October and November, when the average rate fell by 0.0005 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 0.0234) against the same month in 2022 (average: 0.0228), the exchange rate shifted by +0.0006 (+2.79%).

2023 Avg (August) 0.0234

2022 Avg (August) 0.0228

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0219	0.0213	0.0216
February	0.0221	0.0214	0.0217
March	0.0228	0.0219	0.0223
April	0.0230	0.0221	0.0224
May	0.0224	0.0219	0.0221
June	0.0229	0.0219	0.0224
July	0.0235	0.0225	0.0231
August	0.0237	0.0233	0.0234
September	0.0235	0.0229	0.0232
October	0.0232	0.0227	0.0229
November	0.0229	0.0219	0.0224
December	0.0227	0.0222	0.0225