2023 MVR to TND Historical Review

YEARLY HIGH

0.2072 TND

YEARLY LOW

0.1967 TND

YEARLY AVERAGE

0.2019 TND

2023 MVR to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MVR to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on October 2, valuing the pair at 0.2072. Conversely, the yearly low was recorded on July 20, dropping to 0.1967.

This high-to-low spread represents a total annual volatility of 0.0104 TND. From a start-to-finish perspective, comparing the January average rate of 0.2009 to the December average rate of 0.2016, the exchange rate registered a net change of 0.33% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2072 was down 3.53% compared to the 2022 peak of 0.2147, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,036 TND

2022 Average 999 TND

Yearly Trough Low 984 TND

Transaction Impact: A difference of 52.23 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2069

0.1987

JanuMarcMayJulySeptNove

MVR 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 0.2012, compared to 0.2026 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0014 points.

H1 Avg (Jan–Jun) 0.2012

H2 Avg (Jul–Dec) 0.2026

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0085 TND (High: 0.2063 / Low: 0.1978). On the other end, October was the most stable month, with a tight range of 0.0023 TND (High: 0.2072 / Low: 0.2049).

March Spread (Volatile) ±0.0085

October Spread (Stable) ±0.0023

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 0.0036 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0036

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.2062) against the same month in 2022 (average: 0.2108), the exchange rate shifted by -0.0046 (-2.17%).

2023 Avg (October) 0.2062

2022 Avg (October) 0.2108

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2035	0.1985	0.2009
February	0.2054	0.1972	0.2024
March	0.2063	0.1978	0.2030
April	0.2041	0.1971	0.1994
May	0.2024	0.1975	0.1998
June	0.2026	0.2003	0.2016
July	0.2024	0.1967	0.1995
August	0.2027	0.2002	0.2011
September	0.2055	0.2008	0.2035
October	0.2072	0.2049	0.2062
November	0.2071	0.2010	0.2037
December	0.2039	0.1990	0.2016