YEARLY HIGH
36.0703 BDT
YEARLY LOW
33.0855 BDT
YEARLY AVERAGE
34.8120 BDT

2023 TND to BDT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TND to BDT exchange rate experienced significant fluctuation. The market reached its absolute peak on December 17, valuing the pair at 36.0703. Conversely, the yearly low was recorded on January 3, dropping to 33.0855.

This high-to-low spread represents a total annual volatility of 2.9848 BDT. From a start-to-finish perspective, comparing the January average rate of 33.9085 to the December average rate of 35.5044, the exchange rate registered a net change of 4.71% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 36.0703 was up 6.19% compared to the 2022 peak of 33.9673, 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 180,352 BDT
2022 Average 151,237 BDT
Yearly Trough Low 165,428 BDT
Transaction Impact: A difference of 14,924.10 BDT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

35.6640
33.7489
JanuMarcMayJulySeptNove

TND to BDT 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 34.4300, compared to 35.1940 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.7640 points.

H1 Avg (Jan–Jun) 34.4300
H2 Avg (Jul–Dec) 35.1940

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 2.4802 BDT (High: 35.6384 / Low: 33.1583). On the other end, October was the most stable month, with a tight range of 0.4500 BDT (High: 35.0039 / Low: 34.5539).

February Spread (Volatile) ±2.4802
October Spread (Stable) ±0.4500

Growth Streaks & Declines

Trends

Between March and May, 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 0.3628 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.3628

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 35.5044) against the same month in 2022 (average: 32.7459), the exchange rate shifted by +2.7585 (+8.42%).

2023 Avg (December) 35.5044
2022 Avg (December) 32.7459

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 34.9984 33.0855 33.9085
February 35.6384 33.1583 34.2151
March 35.2216 33.2250 33.9253
April 35.3449 33.8983 34.6691
May 35.5696 34.6157 34.9319
June 35.2214 34.5546 34.9303
July 35.8396 34.8592 35.3508
August 35.6837 35.0620 35.3503
September 35.5667 34.6938 34.9876
October 35.0039 34.5539 34.7252
November 35.6642 34.4940 35.2459
December 36.0703 35.1130 35.5044