2023 TND to AZN Historical Review

YEARLY HIGH

0.5615 AZN

YEARLY LOW

0.5333 AZN

YEARLY AVERAGE

0.5479 AZN

2023 TND to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TND to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on April 13, valuing the pair at 0.5615. Conversely, the yearly low was recorded on October 4, dropping to 0.5333.

This high-to-low spread represents a total annual volatility of 0.0282 AZN. From a start-to-finish perspective, comparing the January average rate of 0.5500 to the December average rate of 0.5486, 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 0.5615 was down 5.79% compared to the 2022 peak of 0.5960, 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 2,808 AZN

2022 Average 2,762 AZN

Yearly Trough Low 2,667 AZN

Transaction Impact: A difference of 140.93 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.5573

0.5339

JanuMarcMayJulySeptNove

TND to AZN 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 0.5502, compared to 0.5456 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0046 points.

H1 Avg (Jan–Jun) 0.5502

H2 Avg (Jul–Dec) 0.5456

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0221 AZN (High: 0.5613 / Low: 0.5393). On the other end, October was the most stable month, with a tight range of 0.0052 AZN (High: 0.5386 / Low: 0.5333).

February Spread (Volatile) ±0.0221

October Spread (Stable) ±0.0052

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 0.0082 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0082

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 0.5553) against the same month in 2022 (average: 0.5668), the exchange rate shifted by -0.0115 (-2.02%).

2023 Avg (April) 0.5553

2022 Avg (April) 0.5668

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5574	0.5424	0.5500
February	0.5613	0.5393	0.5471
March	0.5582	0.5366	0.5448
April	0.5615	0.5423	0.5553
May	0.5607	0.5489	0.5544
June	0.5528	0.5462	0.5496
July	0.5611	0.5493	0.5544
August	0.5521	0.5460	0.5500
September	0.5497	0.5353	0.5418
October	0.5386	0.5333	0.5358
November	0.5488	0.5338	0.5432
December	0.5548	0.5430	0.5486