YEARLY HIGH
0.0204 TND
YEARLY LOW
0.0163 TND
YEARLY AVERAGE
0.0179 TND

2023 LRD to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LRD to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on February 24, valuing the pair at 0.0204. Conversely, the yearly low was recorded on December 31, dropping to 0.0163.

This high-to-low spread represents a total annual volatility of 0.0041 TND. From a start-to-finish perspective, comparing the January average rate of 0.0199 to the December average rate of 0.0165, the exchange rate registered a net change of -17.25% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0204 was down 5.89% compared to the 2022 peak of 0.0216, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 102 TND
2022 Average 101 TND
Yearly Trough Low 81 TND
Transaction Impact: A difference of 20.48 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0202
0.0161
JanuMarcMayJulySeptNove

LRD 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 0.0190, compared to 0.0167 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0023 points.

H1 Avg (Jan–Jun) 0.0190
H2 Avg (Jul–Dec) 0.0167

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0016 TND (High: 0.0203 / Low: 0.0188). On the other end, October was the most stable month, with a tight range of 0.0002 TND (High: 0.0171 / Low: 0.0169).

March Spread (Volatile) ±0.0016
October Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between August and October, 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 June and July, when the average rate fell by 0.0010 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0199) against the same month in 2022 (average: 0.0187), the exchange rate shifted by +0.0011 (+6.02%).

2023 Avg (February) 0.0199
2022 Avg (February) 0.0187

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0203 0.0195 0.0199
February 0.0204 0.0193 0.0199
March 0.0203 0.0188 0.0196
April 0.0192 0.0183 0.0188
May 0.0185 0.0183 0.0184
June 0.0183 0.0172 0.0177
July 0.0172 0.0164 0.0167
August 0.0167 0.0165 0.0166
September 0.0170 0.0166 0.0168
October 0.0171 0.0169 0.0170
November 0.0170 0.0165 0.0167
December 0.0166 0.0163 0.0165