YEARLY HIGH
0.6606 BBD
YEARLY LOW
0.6275 BBD
YEARLY AVERAGE
0.6446 BBD

2023 TND to BBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TND to BBD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 13, valuing the pair at 0.6606. Conversely, the yearly low was recorded on October 4, dropping to 0.6275.

This high-to-low spread represents a total annual volatility of 0.0332 BBD. From a start-to-finish perspective, comparing the January average rate of 0.6471 to the December average rate of 0.6454, 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 0.6606 was down 5.85% compared to the 2022 peak of 0.7016, 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 3,303 BBD
2022 Average 3,250 BBD
Yearly Trough Low 3,137 BBD
Transaction Impact: A difference of 165.80 BBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.6556
0.6281
JanuMarcMayJulySeptNove

TND to BBD 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 0.6473, compared to 0.6419 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0054 points.

H1 Avg (Jan–Jun) 0.6473
H2 Avg (Jul–Dec) 0.6419

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0260 BBD (High: 0.6604 / Low: 0.6344). On the other end, October was the most stable month, with a tight range of 0.0062 BBD (High: 0.6336 / Low: 0.6275).

February Spread (Volatile) ±0.0260
October Spread (Stable) ±0.0062

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 0.0096 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0096

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 0.6533) against the same month in 2022 (average: 0.6668), the exchange rate shifted by -0.0135 (-2.02%).

2023 Avg (April) 0.6533
2022 Avg (April) 0.6668

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6557 0.6382 0.6471
February 0.6604 0.6344 0.6436
March 0.6567 0.6313 0.6408
April 0.6606 0.6380 0.6533
May 0.6597 0.6458 0.6522
June 0.6503 0.6426 0.6465
July 0.6602 0.6454 0.6522
August 0.6496 0.6424 0.6470
September 0.6467 0.6297 0.6374
October 0.6336 0.6275 0.6304
November 0.6456 0.6280 0.6390
December 0.6527 0.6389 0.6454