2023 NAD to TND Historical Review

YEARLY HIGH

0.1851 TND

YEARLY LOW

0.1558 TND

YEARLY AVERAGE

0.1680 TND

2023 NAD to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NAD to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.1851. Conversely, the yearly low was recorded on August 14, dropping to 0.1558.

This high-to-low spread represents a total annual volatility of 0.0293 TND. From a start-to-finish perspective, comparing the January average rate of 0.1810 to the December average rate of 0.1659, the exchange rate registered a net change of -8.36% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1851 was down 9.96% compared to the 2022 peak of 0.2055, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 925 TND

2022 Average 947 TND

Yearly Trough Low 779 TND

Transaction Impact: A difference of 146.32 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1830

0.1587

JanuMarcMayJulySeptNove

NAD 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 0.1700, compared to 0.1659 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0041 points.

H1 Avg (Jan–Jun) 0.1700

H2 Avg (Jul–Dec) 0.1659

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0153 TND (High: 0.1728 / Low: 0.1575). On the other end, March was the most stable month, with a tight range of 0.0051 TND (High: 0.1727 / Low: 0.1676).

November Spread (Volatile) ±0.0153

March Spread (Stable) ±0.0051

Growth Streaks & Declines

Trends

Between May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0077 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0077

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.1810) against the same month in 2022 (average: 0.1862), the exchange rate shifted by -0.0052 (-2.79%).

2023 Avg (January) 0.1810

2022 Avg (January) 0.1862

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1851	0.1772	0.1810
February	0.1819	0.1700	0.1739
March	0.1727	0.1676	0.1708
April	0.1735	0.1644	0.1685
May	0.1665	0.1567	0.1608
June	0.1696	0.1567	0.1652
July	0.1751	0.1637	0.1682
August	0.1688	0.1558	0.1641
September	0.1689	0.1618	0.1654
October	0.1692	0.1572	0.1648
November	0.1728	0.1575	0.1670
December	0.1688	0.1629	0.1659