2023 TND to BND Historical Review

YEARLY HIGH

0.4412 BND

YEARLY LOW

0.4232 BND

YEARLY AVERAGE

0.4326 BND

2023 TND to BND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TND to BND exchange rate experienced significant fluctuation. The market reached its absolute peak on April 28, valuing the pair at 0.4412. Conversely, the yearly low was recorded on March 19, dropping to 0.4232.

This high-to-low spread represents a total annual volatility of 0.0180 BND. From a start-to-finish perspective, comparing the January average rate of 0.4293 to the December average rate of 0.4299, the exchange rate registered a net change of 0.15% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.4412 was down 6.55% compared to the 2022 peak of 0.4722, 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 2,206 BND

2022 Average 2,239 BND

Yearly Trough Low 2,116 BND

Transaction Impact: A difference of 90.11 BND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.4377

0.4277

JanuMarcMayJulySeptNove

TND to BND 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 0.4322, compared to 0.4331 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.4322

H2 Avg (Jul–Dec) 0.4331

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.0165 BND (High: 0.4412 / Low: 0.4248). On the other end, May was the most stable month, with a tight range of 0.0042 BND (High: 0.4386 / Low: 0.4345).

April Spread (Volatile) ±0.0165

May Spread (Stable) ±0.0042

Growth Streaks & Declines

Trends

Between February and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0028 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0028

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 0.4345) against the same month in 2022 (average: 0.4555), the exchange rate shifted by -0.0210 (-4.62%).

2023 Avg (April) 0.4345

2022 Avg (April) 0.4555

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4329	0.4249	0.4293
February	0.4351	0.4242	0.4286
March	0.4364	0.4232	0.4293
April	0.4412	0.4248	0.4345
May	0.4386	0.4345	0.4366
June	0.4382	0.4319	0.4350
July	0.4388	0.4297	0.4352
August	0.4402	0.4318	0.4369
September	0.4410	0.4307	0.4342
October	0.4337	0.4283	0.4314
November	0.4367	0.4265	0.4308
December	0.4358	0.4275	0.4299