2023 MMK to TND Historical Review

YEARLY HIGH

0.0015 TND

YEARLY LOW

0.0014 TND

YEARLY AVERAGE

0.0015 TND

2023 MMK to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MMK to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on November 5, valuing the pair at 0.0015. Conversely, the yearly low was recorded on February 5, dropping to 0.0014.

This high-to-low spread represents a total annual volatility of 0.0001 TND. From a start-to-finish perspective, comparing the January average rate of 0.0015 to the December average rate of 0.0015, the exchange rate registered a net change of 0.16% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0015 was down 11.64% compared to the 2022 peak of 0.0017, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 8 TND

2022 Average 8 TND

Yearly Trough Low 7 TND

Transaction Impact: A difference of 0.43 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0015

JanuMarcMayJulySeptNove

MMK 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 0.0015, compared to 0.0015 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0015

H2 Avg (Jul–Dec) 0.0015

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0001 TND (High: 0.0015 / Low: 0.0014). On the other end, October was the most stable month, with a tight range of 0.0000 TND (High: 0.0015 / Low: 0.0015).

February Spread (Volatile) ±0.0001

October Spread (Stable) ±0.0000

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 0.0000 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.0015) against the same month in 2022 (average: 0.0015), the exchange rate shifted by -0.0000 (-2.70%).

2023 Avg (November) 0.0015

2022 Avg (November) 0.0015

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0015	0.0015	0.0015
February	0.0015	0.0014	0.0015
March	0.0015	0.0015	0.0015
April	0.0015	0.0014	0.0015
May	0.0015	0.0014	0.0015
June	0.0015	0.0015	0.0015
July	0.0015	0.0014	0.0015
August	0.0015	0.0015	0.0015
September	0.0015	0.0015	0.0015
October	0.0015	0.0015	0.0015
November	0.0015	0.0015	0.0015
December	0.0015	0.0015	0.0015