2023 MUR to TND Historical Review

YEARLY HIGH

0.0720 TND

YEARLY LOW

0.0659 TND

YEARLY AVERAGE

0.0688 TND

2023 MUR to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MUR to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on October 4, valuing the pair at 0.0720. Conversely, the yearly low was recorded on March 13, dropping to 0.0659.

This high-to-low spread represents a total annual volatility of 0.0062 TND. From a start-to-finish perspective, comparing the January average rate of 0.0701 to the December average rate of 0.0702, the exchange rate registered a net change of 0.21% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0720 was down 3.79% compared to the 2022 peak of 0.0749, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 360 TND

2022 Average 348 TND

Yearly Trough Low 329 TND

Transaction Impact: A difference of 30.91 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0720

0.0667

JanuMarcMayJulySeptNove

MUR 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 0.0681, compared to 0.0696 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0015 points.

H1 Avg (Jan–Jun) 0.0681

H2 Avg (Jul–Dec) 0.0696

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 0.0050 TND (High: 0.0714 / Low: 0.0664). On the other end, October was the most stable month, with a tight range of 0.0011 TND (High: 0.0720 / Low: 0.0710).

September Spread (Volatile) ±0.0050

October Spread (Stable) ±0.0011

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 January and February, when the average rate fell by 0.0021 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0021

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.0716) against the same month in 2022 (average: 0.0728), the exchange rate shifted by -0.0012 (-1.67%).

2023 Avg (October) 0.0716

2022 Avg (October) 0.0728

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0717	0.0676	0.0701
February	0.0692	0.0670	0.0680
March	0.0680	0.0659	0.0672
April	0.0696	0.0670	0.0678
May	0.0681	0.0669	0.0675
June	0.0686	0.0671	0.0678
July	0.0682	0.0660	0.0673
August	0.0687	0.0671	0.0680
September	0.0714	0.0664	0.0698
October	0.0720	0.0710	0.0716
November	0.0720	0.0693	0.0708
December	0.0710	0.0686	0.0702