2023 SAR to TND Historical Review

YEARLY HIGH

0.8499 TND

YEARLY LOW

0.8071 TND

YEARLY AVERAGE

0.8272 TND

2023 SAR to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SAR to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on October 4, valuing the pair at 0.8499. Conversely, the yearly low was recorded on February 1, dropping to 0.8071.

This high-to-low spread represents a total annual volatility of 0.0428 TND. From a start-to-finish perspective, comparing the January average rate of 0.8229 to the December average rate of 0.8262, the exchange rate registered a net change of 0.40% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.8499 was down 3.71% compared to the 2022 peak of 0.8826, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,249 TND

2022 Average 4,104 TND

Yearly Trough Low 4,035 TND

Transaction Impact: A difference of 213.88 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.8488

0.8133

JanuMarcMayJulySeptNove

SAR 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 0.8236, compared to 0.8309 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0073 points.

H1 Avg (Jan–Jun) 0.8236

H2 Avg (Jul–Dec) 0.8309

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0334 TND (High: 0.8405 / Low: 0.8071). On the other end, October was the most stable month, with a tight range of 0.0087 TND (High: 0.8499 / Low: 0.8412).

February Spread (Volatile) ±0.0334

October Spread (Stable) ±0.0087

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 0.0150 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0150

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.8459) against the same month in 2022 (average: 0.8658), the exchange rate shifted by -0.0199 (-2.30%).

2023 Avg (October) 0.8459

2022 Avg (October) 0.8658

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8338	0.8124	0.8229
February	0.8405	0.8071	0.8284
March	0.8438	0.8114	0.8312
April	0.8359	0.8071	0.8162
May	0.8259	0.8083	0.8177
June	0.8298	0.8200	0.8248
July	0.8262	0.8075	0.8176
August	0.8300	0.8206	0.8241
September	0.8468	0.8244	0.8367
October	0.8499	0.8412	0.8459
November	0.8489	0.8257	0.8347
December	0.8347	0.8151	0.8262