YEARLY HIGH
0.0946 TND
YEARLY LOW
0.0857 TND
YEARLY AVERAGE
0.0893 TND

2023 THB to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the THB to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on January 23, valuing the pair at 0.0946. Conversely, the yearly low was recorded on October 3, dropping to 0.0857.

This high-to-low spread represents a total annual volatility of 0.0089 TND. From a start-to-finish perspective, comparing the January average rate of 0.0931 to the December average rate of 0.0888, the exchange rate registered a net change of -4.63% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0946 was up 0.93% compared to the 2022 peak of 0.0937, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 23,648 TND
2022 Average 22,004 TND
Yearly Trough Low 21,431 TND
Transaction Impact: A difference of 2,217.10 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0937
0.0863
JanuMarcMayJulySeptNove

THB 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 0.0905, compared to 0.0881 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0024 points.

H1 Avg (Jan–Jun) 0.0905
H2 Avg (Jul–Dec) 0.0881

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0048 TND (High: 0.0946 / Low: 0.0898). On the other end, May was the most stable month, with a tight range of 0.0018 TND (High: 0.0908 / Low: 0.0890).

January Spread (Volatile) ±0.0048
May Spread (Stable) ±0.0018

Growth Streaks & Declines

Trends

Between October and December, 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 January and February, when the average rate fell by 0.0019 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0019

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0931) against the same month in 2022 (average: 0.0869), the exchange rate shifted by +0.0062 (+7.19%).

2023 Avg (January) 0.0931
2022 Avg (January) 0.0869

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0946 0.0898 0.0931
February 0.0931 0.0894 0.0912
March 0.0928 0.0888 0.0907
April 0.0916 0.0884 0.0896
May 0.0908 0.0890 0.0897
June 0.0900 0.0869 0.0887
July 0.0902 0.0874 0.0886
August 0.0900 0.0870 0.0882
September 0.0884 0.0864 0.0876
October 0.0884 0.0857 0.0870
November 0.0898 0.0875 0.0884
December 0.0896 0.0877 0.0888