YEARLY HIGH
0.2493 TND
YEARLY LOW
0.2138 TND
YEARLY AVERAGE
0.2310 TND

2023 SCR to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SCR to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on October 26, valuing the pair at 0.2493. Conversely, the yearly low was recorded on July 21, dropping to 0.2138.

This high-to-low spread represents a total annual volatility of 0.0355 TND. From a start-to-finish perspective, comparing the January average rate of 0.2284 to the December average rate of 0.2308, the exchange rate registered a net change of 1.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2493 was down 2.56% compared to the 2022 peak of 0.2558, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,246 TND
2022 Average 1,139 TND
Yearly Trough Low 1,069 TND
Transaction Impact: A difference of 177.29 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2402
0.2245
JanuMarcMayJulySeptNove

SCR 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 0.2283, compared to 0.2338 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0055 points.

H1 Avg (Jan–Jun) 0.2283
H2 Avg (Jul–Dec) 0.2338

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0270 TND (High: 0.2420 / Low: 0.2150). On the other end, August was the most stable month, with a tight range of 0.0084 TND (High: 0.2347 / Low: 0.2263).

February Spread (Volatile) ±0.0270
August Spread (Stable) ±0.0084

Growth Streaks & Declines

Trends

Between June and September, 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 0.0053 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0053

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.2382) against the same month in 2022 (average: 0.2437), the exchange rate shifted by -0.0056 (-2.29%).

2023 Avg (October) 0.2382
2022 Avg (October) 0.2437

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2408 0.2162 0.2284
February 0.2420 0.2150 0.2295
March 0.2397 0.2188 0.2320
April 0.2412 0.2167 0.2267
May 0.2353 0.2177 0.2273
June 0.2361 0.2180 0.2258
July 0.2368 0.2138 0.2296
August 0.2347 0.2263 0.2312
September 0.2470 0.2311 0.2389
October 0.2493 0.2284 0.2382
November 0.2407 0.2257 0.2344
December 0.2424 0.2202 0.2308