2023 MOP to TND Historical Review

YEARLY HIGH

0.3959 TND

YEARLY LOW

0.3728 TND

YEARLY AVERAGE

0.3850 TND

2023 MOP to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MOP to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on November 5, valuing the pair at 0.3959. Conversely, the yearly low was recorded on February 5, dropping to 0.3728.

This high-to-low spread represents a total annual volatility of 0.0231 TND. From a start-to-finish perspective, comparing the January average rate of 0.3838 to the December average rate of 0.3848, the exchange rate registered a net change of 0.27% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3959 was down 3.57% compared to the 2022 peak of 0.4106, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,980 TND

2022 Average 1,911 TND

Yearly Trough Low 1,864 TND

Transaction Impact: A difference of 115.75 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3954

0.3776

JanuMarcMayJulySeptNove

MOP 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 0.3829, compared to 0.3871 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0042 points.

H1 Avg (Jan–Jun) 0.3829

H2 Avg (Jul–Dec) 0.3871

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0174 TND (High: 0.3902 / Low: 0.3728). On the other end, June was the most stable month, with a tight range of 0.0049 TND (High: 0.3862 / Low: 0.3813).

February Spread (Volatile) ±0.0174

June Spread (Stable) ±0.0049

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 0.0076 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0076

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.3897) against the same month in 2022 (average: 0.3994), the exchange rate shifted by -0.0096 (-2.41%).

2023 Avg (November) 0.3897

2022 Avg (November) 0.3994

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3898	0.3778	0.3838
February	0.3902	0.3728	0.3845
March	0.3925	0.3766	0.3866
April	0.3876	0.3745	0.3791
May	0.3841	0.3750	0.3800
June	0.3862	0.3813	0.3835
July	0.3858	0.3762	0.3813
August	0.3867	0.3810	0.3835
September	0.3943	0.3823	0.3892
October	0.3956	0.3905	0.3939
November	0.3959	0.3850	0.3897
December	0.3891	0.3787	0.3848