2023 SRD to TND Historical Review

YEARLY HIGH

0.0990 TND

YEARLY LOW

0.0788 TND

YEARLY AVERAGE

0.0851 TND

2023 SRD to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SRD to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.0990. Conversely, the yearly low was recorded on July 19, dropping to 0.0788.

This high-to-low spread represents a total annual volatility of 0.0202 TND. From a start-to-finish perspective, comparing the January average rate of 0.0972 to the December average rate of 0.0829, the exchange rate registered a net change of -14.63% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0990 was down 33.46% compared to the 2022 peak of 0.1488, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 495 TND

2022 Average 648 TND

Yearly Trough Low 394 TND

Transaction Impact: A difference of 101.19 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0988

0.0791

JanuMarcMayJulySeptNove

SRD 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 0.0883, compared to 0.0820 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0063 points.

H1 Avg (Jan–Jun) 0.0883

H2 Avg (Jul–Dec) 0.0820

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0091 TND (High: 0.0935 / Low: 0.0845). On the other end, October was the most stable month, with a tight range of 0.0012 TND (High: 0.0836 / Low: 0.0824).

March Spread (Volatile) ±0.0091

October Spread (Stable) ±0.0012

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 0.0070 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0070

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0972) against the same month in 2022 (average: 0.1364), the exchange rate shifted by -0.0393 (-28.78%).

2023 Avg (January) 0.0972

2022 Avg (January) 0.1364

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0990	0.0950	0.0972
February	0.0968	0.0929	0.0947
March	0.0935	0.0845	0.0903
April	0.0852	0.0812	0.0833
May	0.0830	0.0804	0.0821
June	0.0834	0.0805	0.0821
July	0.0833	0.0788	0.0807
August	0.0815	0.0800	0.0808
September	0.0831	0.0801	0.0819
October	0.0836	0.0824	0.0832
November	0.0838	0.0816	0.0824
December	0.0835	0.0813	0.0829