2023 RSD to TND Historical Review

YEARLY HIGH

0.0293 TND

YEARLY LOW

0.0280 TND

YEARLY AVERAGE

0.0286 TND

2023 RSD to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RSD to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on April 21, valuing the pair at 0.0293. Conversely, the yearly low was recorded on February 4, dropping to 0.0280.

This high-to-low spread represents a total annual volatility of 0.0014 TND. From a start-to-finish perspective, comparing the January average rate of 0.0284 to the December average rate of 0.0289, the exchange rate registered a net change of 1.64% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0293 was up 0.24% compared to the 2022 peak of 0.0293, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 147 TND

2022 Average 138 TND

Yearly Trough Low 140 TND

Transaction Impact: A difference of 6.87 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0290

0.0283

JanuMarcMayJulySeptNove

RSD 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 0.0285, compared to 0.0288 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0285

H2 Avg (Jul–Dec) 0.0288

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.0012 TND (High: 0.0293 / Low: 0.0282). On the other end, October was the most stable month, with a tight range of 0.0004 TND (High: 0.0288 / Low: 0.0284).

April Spread (Volatile) ±0.0012

October Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between February and April, 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 0.0002 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 0.0286) against the same month in 2022 (average: 0.0276), the exchange rate shifted by +0.0011 (+3.94%).

2023 Avg (April) 0.0286

2022 Avg (April) 0.0276

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0287	0.0280	0.0284
February	0.0286	0.0280	0.0283
March	0.0290	0.0280	0.0285
April	0.0293	0.0282	0.0286
May	0.0287	0.0282	0.0284
June	0.0289	0.0282	0.0286
July	0.0293	0.0286	0.0289
August	0.0290	0.0285	0.0288
September	0.0287	0.0283	0.0286
October	0.0288	0.0284	0.0286
November	0.0291	0.0285	0.0289
December	0.0292	0.0285	0.0289