2023 MYR to TND Historical Review

YEARLY HIGH

0.7281 TND

YEARLY LOW

0.6532 TND

YEARLY AVERAGE

0.6811 TND

2023 MYR to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MYR to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on January 27, valuing the pair at 0.7281. Conversely, the yearly low was recorded on December 18, dropping to 0.6532.

This high-to-low spread represents a total annual volatility of 0.0749 TND. From a start-to-finish perspective, comparing the January average rate of 0.7142 to the December average rate of 0.6654, the exchange rate registered a net change of -6.83% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.7281 was down 1.28% compared to the 2022 peak of 0.7376, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 MYR based on timing:

Yearly Peak High 14,562 TND

2022 Average 14,012 TND

Yearly Trough Low 13,063 TND

Transaction Impact: A difference of 1,498.25 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.7190

0.6605

JanuMarcMayJulySeptNove

MYR 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 0.6939, compared to 0.6684 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0256 points.

H1 Avg (Jan–Jun) 0.6939

H2 Avg (Jul–Dec) 0.6684

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.0297 TND (High: 0.7090 / Low: 0.6793). On the other end, September was the most stable month, with a tight range of 0.0139 TND (High: 0.6772 / Low: 0.6633).

April Spread (Volatile) ±0.0297

September Spread (Stable) ±0.0139

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0138 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0138

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.7142) against the same month in 2022 (average: 0.6889), the exchange rate shifted by +0.0253 (+3.67%).

2023 Avg (January) 0.7142

2022 Avg (January) 0.6889

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7281	0.7046	0.7142
February	0.7271	0.6996	0.7120
March	0.7079	0.6886	0.6983
April	0.7090	0.6793	0.6920
May	0.6860	0.6682	0.6789
June	0.6799	0.6579	0.6683
July	0.6835	0.6594	0.6678
August	0.6826	0.6634	0.6706
September	0.6772	0.6633	0.6704
October	0.6742	0.6592	0.6686
November	0.6786	0.6602	0.6673
December	0.6711	0.6532	0.6654