2023 NIO to TND Historical Review

YEARLY HIGH

0.0872 TND

YEARLY LOW

0.0827 TND

YEARLY AVERAGE

0.0849 TND

2023 NIO to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NIO to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on October 6, valuing the pair at 0.0872. Conversely, the yearly low was recorded on February 5, dropping to 0.0827.

This high-to-low spread represents a total annual volatility of 0.0045 TND. From a start-to-finish perspective, comparing the January average rate of 0.0847 to the December average rate of 0.0845, the exchange rate registered a net change of -0.26% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0872 was down 5.55% compared to the 2022 peak of 0.0923, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 436 TND

2022 Average 430 TND

Yearly Trough Low 413 TND

Transaction Impact: A difference of 22.63 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0870

0.0836

JanuMarcMayJulySeptNove

NIO 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 0.0846, compared to 0.0852 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0846

H2 Avg (Jul–Dec) 0.0852

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0037 TND (High: 0.0864 / Low: 0.0827). On the other end, October was the most stable month, with a tight range of 0.0011 TND (High: 0.0872 / Low: 0.0861).

February Spread (Volatile) ±0.0037

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 March and April, when the average rate fell by 0.0017 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0017

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.0867) against the same month in 2022 (average: 0.0904), the exchange rate shifted by -0.0036 (-4.03%).

2023 Avg (October) 0.0867

2022 Avg (October) 0.0904

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0860	0.0835	0.0847
February	0.0864	0.0827	0.0852
March	0.0868	0.0833	0.0855
April	0.0858	0.0829	0.0838
May	0.0848	0.0829	0.0839
June	0.0852	0.0841	0.0846
July	0.0849	0.0828	0.0839
August	0.0851	0.0838	0.0845
September	0.0869	0.0844	0.0858
October	0.0872	0.0861	0.0867
November	0.0872	0.0843	0.0855
December	0.0855	0.0833	0.0845