YEARLY HIGH
0.0386 TND
YEARLY LOW
0.0366 TND
YEARLY AVERAGE
0.0376 TND

2023 BTN to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BTN to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on March 8, valuing the pair at 0.0386. Conversely, the yearly low was recorded on December 28, dropping to 0.0366.

This high-to-low spread represents a total annual volatility of 0.0020 TND. From a start-to-finish perspective, comparing the January average rate of 0.0378 to the December average rate of 0.0372, the exchange rate registered a net change of -1.55% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0386 was down 5.33% compared to the 2022 peak of 0.0408, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 193 TND
2022 Average 196 TND
Yearly Trough Low 183 TND
Transaction Impact: A difference of 9.83 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0383
0.0371
JanuMarcMayJulySeptNove

BTN 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 0.0376, compared to 0.0376 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0376
H2 Avg (Jul–Dec) 0.0376

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0015 TND (High: 0.0386 / Low: 0.0371). On the other end, October was the most stable month, with a tight range of 0.0004 TND (High: 0.0384 / Low: 0.0379).

March Spread (Volatile) ±0.0015
October Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between August and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0006 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0380) against the same month in 2022 (average: 0.0387), the exchange rate shifted by -0.0007 (-1.83%).

2023 Avg (March) 0.0380
2022 Avg (March) 0.0387

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0381 0.0372 0.0378
February 0.0381 0.0368 0.0376
March 0.0386 0.0371 0.0380
April 0.0383 0.0370 0.0374
May 0.0375 0.0370 0.0373
June 0.0379 0.0374 0.0376
July 0.0378 0.0369 0.0374
August 0.0376 0.0370 0.0373
September 0.0382 0.0372 0.0378
October 0.0384 0.0379 0.0382
November 0.0383 0.0371 0.0376
December 0.0375 0.0366 0.0372