2023 MXN to TND Historical Review

YEARLY HIGH

0.1854 TND

YEARLY LOW

0.1594 TND

YEARLY AVERAGE

0.1752 TND

2023 MXN to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MXN to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on August 23, valuing the pair at 0.1854. Conversely, the yearly low was recorded on January 1, dropping to 0.1594.

This high-to-low spread represents a total annual volatility of 0.0260 TND. From a start-to-finish perspective, comparing the January average rate of 0.1630 to the December average rate of 0.1805, the exchange rate registered a net change of 10.75% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1854 was up 8.82% compared to the 2022 peak of 0.1704, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 MXN based on timing:

Yearly Peak High 9,270 TND

2022 Average 7,671 TND

Yearly Trough Low 7,972 TND

Transaction Impact: A difference of 1,298.55 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1839

0.1611

JanuMarcMayJulySeptNove

MXN 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 0.1703, compared to 0.1801 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0099 points.

H1 Avg (Jan–Jun) 0.1703

H2 Avg (Jul–Dec) 0.1801

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0124 TND (High: 0.1762 / Low: 0.1639). On the other end, December was the most stable month, with a tight range of 0.0036 TND (High: 0.1816 / Low: 0.1780).

March Spread (Volatile) ±0.0124

December Spread (Stable) ±0.0036

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0060 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0060

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 0.1820) against the same month in 2022 (average: 0.1571), the exchange rate shifted by +0.0249 (+15.85%).

2023 Avg (August) 0.1820

2022 Avg (August) 0.1571

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1646	0.1594	0.1630
February	0.1721	0.1600	0.1672
March	0.1762	0.1639	0.1696
April	0.1740	0.1661	0.1695
May	0.1759	0.1693	0.1730
June	0.1811	0.1760	0.1794
July	0.1844	0.1783	0.1813
August	0.1854	0.1779	0.1820
September	0.1847	0.1777	0.1814
October	0.1813	0.1728	0.1754
November	0.1823	0.1768	0.1802
December	0.1816	0.1780	0.1805