YEARLY HIGH
0.3842 TND
YEARLY LOW
0.3618 TND
YEARLY AVERAGE
0.3719 TND

2023 SBD to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SBD to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on March 8, valuing the pair at 0.3842. Conversely, the yearly low was recorded on December 18, dropping to 0.3618.

This high-to-low spread represents a total annual volatility of 0.0224 TND. From a start-to-finish perspective, comparing the January average rate of 0.3740 to the December average rate of 0.3664, the exchange rate registered a net change of -2.03% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3842 was down 5.54% compared to the 2022 peak of 0.4067, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,921 TND
2022 Average 1,893 TND
Yearly Trough Low 1,809 TND
Transaction Impact: A difference of 112.06 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3806
0.3651
JanuMarcMayJulySeptNove

SBD 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 0.3732, compared to 0.3705 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0027 points.

H1 Avg (Jan–Jun) 0.3732
H2 Avg (Jul–Dec) 0.3705

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.0157 TND (High: 0.3793 / Low: 0.3635). On the other end, June was the most stable month, with a tight range of 0.0042 TND (High: 0.3732 / Low: 0.3690).

April Spread (Volatile) ±0.0157
June Spread (Stable) ±0.0042

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 0.0100 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0100

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.3793) against the same month in 2022 (average: 0.3663), the exchange rate shifted by +0.0129 (+3.53%).

2023 Avg (March) 0.3793
2022 Avg (March) 0.3663

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3782 0.3699 0.3740
February 0.3827 0.3673 0.3775
March 0.3842 0.3696 0.3793
April 0.3793 0.3635 0.3692
May 0.3716 0.3653 0.3683
June 0.3732 0.3690 0.3711
July 0.3720 0.3623 0.3666
August 0.3722 0.3679 0.3694
September 0.3795 0.3695 0.3736
October 0.3787 0.3736 0.3762
November 0.3783 0.3655 0.3711
December 0.3702 0.3618 0.3664