YEARLY HIGH
0.0578 TND
YEARLY LOW
0.0542 TND
YEARLY AVERAGE
0.0558 TND

2023 PHP to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PHP to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on March 16, valuing the pair at 0.0578. Conversely, the yearly low was recorded on September 5, dropping to 0.0542.

This high-to-low spread represents a total annual volatility of 0.0037 TND. From a start-to-finish perspective, comparing the January average rate of 0.0563 to the December average rate of 0.0558, the exchange rate registered a net change of -0.80% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0578 was down 2.61% compared to the 2022 peak of 0.0594, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 PHP based on timing:

Yearly Peak High 14,460 TND
2022 Average 14,143 TND
Yearly Trough Low 13,547 TND
Transaction Impact: A difference of 912.57 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0572
0.0547
JanuMarcMayJulySeptNove

PHP 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 0.0560, compared to 0.0556 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0560
H2 Avg (Jul–Dec) 0.0556

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 0.0019 TND (High: 0.0562 / Low: 0.0543). On the other end, October was the most stable month, with a tight range of 0.0006 TND (High: 0.0562 / Low: 0.0556).

August Spread (Volatile) ±0.0019
October Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between August and November, 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 0.0016 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0570) against the same month in 2022 (average: 0.0565), the exchange rate shifted by +0.0005 (+0.87%).

2023 Avg (March) 0.0570
2022 Avg (March) 0.0565

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0572 0.0557 0.0563
February 0.0575 0.0558 0.0567
March 0.0578 0.0561 0.0570
April 0.0562 0.0545 0.0554
May 0.0556 0.0545 0.0550
June 0.0561 0.0551 0.0554
July 0.0567 0.0553 0.0559
August 0.0562 0.0543 0.0549
September 0.0560 0.0542 0.0553
October 0.0562 0.0556 0.0559
November 0.0571 0.0558 0.0562
December 0.0566 0.0549 0.0558