2023 PGK to TND Historical Review

YEARLY HIGH

0.9005 TND

YEARLY LOW

0.8104 TND

YEARLY AVERAGE

0.8621 TND

2023 PGK to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PGK to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 0.9005. Conversely, the yearly low was recorded on December 30, dropping to 0.8104.

This high-to-low spread represents a total annual volatility of 0.0901 TND. From a start-to-finish perspective, comparing the January average rate of 0.8774 to the December average rate of 0.8284, the exchange rate registered a net change of -5.58% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.9005 was down 4.46% compared to the 2022 peak of 0.9425, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,502 TND

2022 Average 4,370 TND

Yearly Trough Low 4,052 TND

Transaction Impact: A difference of 450.53 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.8920

0.8226

JanuMarcMayJulySeptNove

PGK 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 0.8752, compared to 0.8489 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0264 points.

H1 Avg (Jan–Jun) 0.8752

H2 Avg (Jul–Dec) 0.8489

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0386 TND (High: 0.8949 / Low: 0.8562). On the other end, May was the most stable month, with a tight range of 0.0205 TND (High: 0.8798 / Low: 0.8593).

February Spread (Volatile) ±0.0386

May Spread (Stable) ±0.0205

Growth Streaks & Declines

Trends

Between January and March, 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 October and November, when the average rate fell by 0.0216 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0216

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.8862) against the same month in 2022 (average: 0.8371), the exchange rate shifted by +0.0491 (+5.86%).

2023 Avg (March) 0.8862

2022 Avg (March) 0.8371

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8899	0.8654	0.8774
February	0.8949	0.8562	0.8807
March	0.9005	0.8641	0.8862
April	0.8893	0.8525	0.8683
May	0.8798	0.8593	0.8682
June	0.8837	0.8570	0.8707
July	0.8803	0.8419	0.8588
August	0.8768	0.8439	0.8545
September	0.8760	0.8436	0.8610
October	0.8701	0.8389	0.8560
November	0.8575	0.8194	0.8344
December	0.8390	0.8104	0.8284