2023 MDL to TND Historical Review

YEARLY HIGH

0.1779 TND

YEARLY LOW

0.1609 TND

YEARLY AVERAGE

0.1715 TND

2023 MDL to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MDL to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on December 5, valuing the pair at 0.1779. Conversely, the yearly low was recorded on January 17, dropping to 0.1609.

This high-to-low spread represents a total annual volatility of 0.0170 TND. From a start-to-finish perspective, comparing the January average rate of 0.1628 to the December average rate of 0.1760, the exchange rate registered a net change of 8.15% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1779 was up 4.48% compared to the 2022 peak of 0.1703, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 889 TND

2022 Average 816 TND

Yearly Trough Low 805 TND

Transaction Impact: A difference of 84.88 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1773

0.1614

JanuMarcMayJulySeptNove

MDL 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 0.1685, compared to 0.1745 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0060 points.

H1 Avg (Jan–Jun) 0.1685

H2 Avg (Jul–Dec) 0.1745

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0096 TND (High: 0.1774 / Low: 0.1678). On the other end, August was the most stable month, with a tight range of 0.0031 TND (High: 0.1767 / Low: 0.1736).

July Spread (Volatile) ±0.0096

August Spread (Stable) ±0.0031

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 0.0014 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0014

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.1760) against the same month in 2022 (average: 0.1641), the exchange rate shifted by +0.0120 (+7.29%).

2023 Avg (December) 0.1760

2022 Avg (December) 0.1641

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1651	0.1609	0.1628
February	0.1679	0.1612	0.1656
March	0.1701	0.1658	0.1678
April	0.1753	0.1665	0.1698
May	0.1751	0.1698	0.1726
June	0.1750	0.1693	0.1728
July	0.1774	0.1678	0.1714
August	0.1767	0.1736	0.1749
September	0.1760	0.1726	0.1746
October	0.1765	0.1728	0.1750
November	0.1769	0.1733	0.1754
December	0.1779	0.1722	0.1760