YEARLY HIGH
0.3648 TND
YEARLY LOW
0.3443 TND
YEARLY AVERAGE
0.3548 TND

2023 SVC to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SVC to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on November 5, valuing the pair at 0.3648. Conversely, the yearly low was recorded on February 5, dropping to 0.3443.

This high-to-low spread represents a total annual volatility of 0.0205 TND. From a start-to-finish perspective, comparing the January average rate of 0.3532 to the December average rate of 0.3538, the exchange rate registered a net change of 0.16% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3648 was down 3.84% compared to the 2022 peak of 0.3793, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,824 TND
2022 Average 1,761 TND
Yearly Trough Low 1,721 TND
Transaction Impact: A difference of 102.57 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3641
0.3490
JanuMarcMayJulySeptNove

SVC 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 0.3534, compared to 0.3563 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0029 points.

H1 Avg (Jan–Jun) 0.3534
H2 Avg (Jul–Dec) 0.3563

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0161 TND (High: 0.3604 / Low: 0.3443). On the other end, October was the most stable month, with a tight range of 0.0047 TND (High: 0.3646 / Low: 0.3600).

February Spread (Volatile) ±0.0161
October Spread (Stable) ±0.0047

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 (November 2023: 0.3582) against the same month in 2022 (average: 0.3681), the exchange rate shifted by -0.0099 (-2.68%).

2023 Avg (November) 0.3582
2022 Avg (November) 0.3681

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3582 0.3484 0.3532
February 0.3604 0.3443 0.3552
March 0.3627 0.3480 0.3572
April 0.3582 0.3461 0.3503
May 0.3540 0.3465 0.3506
June 0.3563 0.3513 0.3536
July 0.3555 0.3461 0.3509
August 0.3558 0.3506 0.3533
September 0.3630 0.3529 0.3587
October 0.3646 0.3600 0.3629
November 0.3648 0.3540 0.3582
December 0.3577 0.3484 0.3538