YEARLY HIGH
0.0465 TND
YEARLY LOW
0.0308 TND
YEARLY AVERAGE
0.0367 TND

2023 RUB to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RUB to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on January 15, valuing the pair at 0.0465. Conversely, the yearly low was recorded on August 13, dropping to 0.0308.

This high-to-low spread represents a total annual volatility of 0.0157 TND. From a start-to-finish perspective, comparing the January average rate of 0.0442 to the December average rate of 0.0340, the exchange rate registered a net change of -22.99% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0465 was down 20.52% compared to the 2022 peak of 0.0586, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 233 TND
2022 Average 230 TND
Yearly Trough Low 154 TND
Transaction Impact: A difference of 78.72 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0454
0.0311
JanuMarcMayJulySeptNove

RUB 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 0.0402, compared to 0.0333 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0069 points.

H1 Avg (Jan–Jun) 0.0402
H2 Avg (Jul–Dec) 0.0333

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0044 TND (High: 0.0465 / Low: 0.0422). On the other end, November was the most stable month, with a tight range of 0.0012 TND (High: 0.0352 / Low: 0.0340).

January Spread (Volatile) ±0.0044
November Spread (Stable) ±0.0012

Growth Streaks & Declines

Trends

Between August and November, 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 June and July, when the average rate fell by 0.0033 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0033

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0442) against the same month in 2022 (average: 0.0377), the exchange rate shifted by +0.0065 (+17.23%).

2023 Avg (January) 0.0442
2022 Avg (January) 0.0377

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0465 0.0422 0.0442
February 0.0434 0.0412 0.0423
March 0.0417 0.0393 0.0409
April 0.0393 0.0370 0.0378
May 0.0400 0.0377 0.0387
June 0.0385 0.0349 0.0371
July 0.0351 0.0331 0.0338
August 0.0334 0.0308 0.0323
September 0.0330 0.0316 0.0324
October 0.0342 0.0314 0.0327
November 0.0352 0.0340 0.0346
December 0.0347 0.0332 0.0340