YEARLY HIGH
0.0372 TND
YEARLY LOW
0.0344 TND
YEARLY AVERAGE
0.0353 TND

2023 KGS to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KGS to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 0.0372. Conversely, the yearly low was recorded on December 31, dropping to 0.0344.

This high-to-low spread represents a total annual volatility of 0.0028 TND. From a start-to-finish perspective, comparing the January average rate of 0.0361 to the December average rate of 0.0348, the exchange rate registered a net change of -3.75% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0372 was down 9.55% compared to the 2022 peak of 0.0411, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 186 TND
2022 Average 184 TND
Yearly Trough Low 172 TND
Transaction Impact: A difference of 13.90 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0363
0.0346
JanuMarcMayJulySeptNove

KGS 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 0.0355, compared to 0.0352 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0355
H2 Avg (Jul–Dec) 0.0352

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0018 TND (High: 0.0372 / Low: 0.0354). On the other end, August was the most stable month, with a tight range of 0.0004 TND (High: 0.0353 / Low: 0.0350).

January Spread (Volatile) ±0.0018
August Spread (Stable) ±0.0004

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 0.0007 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0361) against the same month in 2022 (average: 0.0340), the exchange rate shifted by +0.0021 (+6.13%).

2023 Avg (January) 0.0361
2022 Avg (January) 0.0340

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0372 0.0354 0.0361
February 0.0361 0.0352 0.0357
March 0.0362 0.0348 0.0357
April 0.0358 0.0346 0.0350
May 0.0354 0.0347 0.0351
June 0.0356 0.0351 0.0354
July 0.0355 0.0345 0.0350
August 0.0353 0.0350 0.0351
September 0.0358 0.0350 0.0354
October 0.0359 0.0354 0.0356
November 0.0357 0.0347 0.0351
December 0.0350 0.0344 0.0348