2023 JMD to TND Historical Review

YEARLY HIGH

0.0209 TND

YEARLY LOW

0.0195 TND

YEARLY AVERAGE

0.0201 TND

2023 JMD to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the JMD to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 0.0209. Conversely, the yearly low was recorded on February 5, dropping to 0.0195.

This high-to-low spread represents a total annual volatility of 0.0014 TND. From a start-to-finish perspective, comparing the January average rate of 0.0202 to the December average rate of 0.0200, the exchange rate registered a net change of -1.32% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0209 was down 4.35% compared to the 2022 peak of 0.0219, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 105 TND

2022 Average 100 TND

Yearly Trough Low 97 TND

Transaction Impact: A difference of 7.11 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0206

0.0198

JanuMarcMayJulySeptNove

JMD 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 0.0202, compared to 0.0201 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0202

H2 Avg (Jul–Dec) 0.0201

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0010 TND (High: 0.0205 / Low: 0.0195). On the other end, June was the most stable month, with a tight range of 0.0003 TND (High: 0.0202 / Low: 0.0199).

February Spread (Volatile) ±0.0010

June Spread (Stable) ±0.0003

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 0.0004 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0205) against the same month in 2022 (average: 0.0192), the exchange rate shifted by +0.0013 (+7.02%).

2023 Avg (March) 0.0205

2022 Avg (March) 0.0192

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0207	0.0198	0.0202
February	0.0205	0.0195	0.0201
March	0.0209	0.0201	0.0205
April	0.0206	0.0198	0.0201
May	0.0201	0.0197	0.0199
June	0.0202	0.0199	0.0200
July	0.0201	0.0196	0.0199
August	0.0201	0.0198	0.0200
September	0.0206	0.0200	0.0203
October	0.0206	0.0203	0.0205
November	0.0206	0.0199	0.0202
December	0.0202	0.0196	0.0200