YEARLY HIGH
0.3084 TND
YEARLY LOW
0.2786 TND
YEARLY AVERAGE
0.2926 TND

2023 SEK to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SEK to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on December 25, valuing the pair at 0.3084. Conversely, the yearly low was recorded on September 5, dropping to 0.2786.

This high-to-low spread represents a total annual volatility of 0.0297 TND. From a start-to-finish perspective, comparing the January average rate of 0.2975 to the December average rate of 0.3026, the exchange rate registered a net change of 1.71% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3084 was down 4.05% compared to the 2022 peak of 0.3214, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,542 TND
2022 Average 1,525 TND
Yearly Trough Low 1,393 TND
Transaction Impact: A difference of 148.59 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3046
0.2809
JanuMarcMayJulySeptNove

SEK 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 0.2946, compared to 0.2905 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0041 points.

H1 Avg (Jan–Jun) 0.2946
H2 Avg (Jul–Dec) 0.2905

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0174 TND (High: 0.3000 / Low: 0.2826). On the other end, June was the most stable month, with a tight range of 0.0056 TND (High: 0.2906 / Low: 0.2849).

July Spread (Volatile) ±0.0174
June Spread (Stable) ±0.0056

Growth Streaks & Declines

Trends

Between September and December, 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 July and August, when the average rate fell by 0.0060 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0060

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.3026) against the same month in 2022 (average: 0.3051), the exchange rate shifted by -0.0025 (-0.82%).

2023 Avg (December) 0.3026
2022 Avg (December) 0.3051

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3030 0.2921 0.2975
February 0.3039 0.2879 0.2972
March 0.3036 0.2904 0.2970
April 0.3042 0.2910 0.2959
May 0.3000 0.2842 0.2927
June 0.2906 0.2849 0.2875
July 0.3000 0.2826 0.2914
August 0.2920 0.2798 0.2854
September 0.2906 0.2786 0.2829
October 0.2907 0.2829 0.2878
November 0.3003 0.2853 0.2932
December 0.3084 0.2983 0.3026