YEARLY HIGH
0.0138 TND
YEARLY LOW
0.0100 TND
YEARLY AVERAGE
0.0111 TND

2023 PKR to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PKR to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.0138. Conversely, the yearly low was recorded on September 5, dropping to 0.0100.

This high-to-low spread represents a total annual volatility of 0.0037 TND. From a start-to-finish perspective, comparing the January average rate of 0.0133 to the December average rate of 0.0110, the exchange rate registered a net change of -17.10% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0138 was down 17.10% compared to the 2022 peak of 0.0166, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 500,000 PKR based on timing:

Yearly Peak High 6,887 TND
2022 Average 7,581 TND
Yearly Trough Low 5,019 TND
Transaction Impact: A difference of 1,868.04 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0135
0.0103
JanuMarcMayJulySeptNove

PKR 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 0.0114, compared to 0.0109 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0114
H2 Avg (Jul–Dec) 0.0109

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0024 TND (High: 0.0138 / Low: 0.0114). On the other end, June was the most stable month, with a tight range of 0.0002 TND (High: 0.0109 / Low: 0.0107).

January Spread (Volatile) ±0.0024
June Spread (Stable) ±0.0002

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 January and February, when the average rate fell by 0.0015 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0015

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0133) against the same month in 2022 (average: 0.0163), the exchange rate shifted by -0.0031 (-18.91%).

2023 Avg (January) 0.0133
2022 Avg (January) 0.0163

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0138 0.0114 0.0133
February 0.0122 0.0113 0.0117
March 0.0120 0.0107 0.0111
April 0.0111 0.0105 0.0108
May 0.0109 0.0103 0.0107
June 0.0109 0.0107 0.0108
July 0.0113 0.0106 0.0109
August 0.0109 0.0102 0.0105
September 0.0110 0.0100 0.0105
October 0.0115 0.0109 0.0114
November 0.0114 0.0108 0.0110
December 0.0111 0.0109 0.0110