YEARLY HIGH
0.5950 AWG
YEARLY LOW
0.5647 AWG
YEARLY AVERAGE
0.5804 AWG

2023 TND to AWG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TND to AWG exchange rate experienced significant fluctuation. The market reached its absolute peak on July 18, valuing the pair at 0.5950. Conversely, the yearly low was recorded on October 4, dropping to 0.5647.

This high-to-low spread represents a total annual volatility of 0.0303 AWG. From a start-to-finish perspective, comparing the January average rate of 0.5827 to the December average rate of 0.5813, the exchange rate registered a net change of -0.26% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.5950 was down 5.80% compared to the 2022 peak of 0.6316, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,975 AWG
2022 Average 2,925 AWG
Yearly Trough Low 2,824 AWG
Transaction Impact: A difference of 151.38 AWG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.5905
0.5656
JanuMarcMayJulySeptNove

TND to AWG 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 0.5829, compared to 0.5778 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0051 points.

H1 Avg (Jan–Jun) 0.5829
H2 Avg (Jul–Dec) 0.5778

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0234 AWG (High: 0.5944 / Low: 0.5710). On the other end, October was the most stable month, with a tight range of 0.0063 AWG (High: 0.5710 / Low: 0.5647).

February Spread (Volatile) ±0.0234
October Spread (Stable) ±0.0063

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 August and September, when the average rate fell by 0.0089 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0089

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.5876) against the same month in 2022 (average: 0.5778), the exchange rate shifted by +0.0098 (+1.69%).

2023 Avg (July) 0.5876
2022 Avg (July) 0.5778

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5911 0.5743 0.5827
February 0.5944 0.5710 0.5795
March 0.5919 0.5690 0.5770
April 0.5945 0.5742 0.5884
May 0.5945 0.5820 0.5874
June 0.5861 0.5784 0.5823
July 0.5950 0.5816 0.5876
August 0.5854 0.5781 0.5827
September 0.5824 0.5668 0.5738
October 0.5710 0.5647 0.5676
November 0.5819 0.5652 0.5741
December 0.5881 0.5750 0.5813