YEARLY HIGH
0.0107 TND
YEARLY LOW
0.0083 TND
YEARLY AVERAGE
0.0095 TND

2023 LKR to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LKR to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on June 5, valuing the pair at 0.0107. Conversely, the yearly low was recorded on February 5, dropping to 0.0083.

This high-to-low spread represents a total annual volatility of 0.0025 TND. From a start-to-finish perspective, comparing the January average rate of 0.0085 to the December average rate of 0.0095, the exchange rate registered a net change of 12.22% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0107 was down 26.93% compared to the 2022 peak of 0.0147, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 54 TND
2022 Average 50 TND
Yearly Trough Low 41 TND
Transaction Impact: A difference of 12.31 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0104
0.0083
JanuMarcMayJulySeptNove

LKR 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 0.0093, compared to 0.0096 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0093
H2 Avg (Jul–Dec) 0.0096

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0012 TND (High: 0.0098 / Low: 0.0086). On the other end, October was the most stable month, with a tight range of 0.0002 TND (High: 0.0098 / Low: 0.0096).

March Spread (Volatile) ±0.0012
October Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0006 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 0.0102) against the same month in 2022 (average: 0.0085), the exchange rate shifted by +0.0017 (+20.01%).

2023 Avg (June) 0.0102
2022 Avg (June) 0.0085

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0086 0.0083 0.0085
February 0.0087 0.0083 0.0085
March 0.0098 0.0086 0.0093
April 0.0097 0.0092 0.0095
May 0.0105 0.0095 0.0099
June 0.0107 0.0097 0.0102
July 0.0101 0.0091 0.0096
August 0.0098 0.0095 0.0096
September 0.0098 0.0096 0.0097
October 0.0098 0.0096 0.0098
November 0.0098 0.0094 0.0096
December 0.0096 0.0093 0.0095