2023 TND to BOB Historical Review

YEARLY HIGH

2.2940 BOB

YEARLY LOW

2.1650 BOB

YEARLY AVERAGE

2.2263 BOB

2023 TND to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TND to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 2.2940. Conversely, the yearly low was recorded on November 5, dropping to 2.1650.

This high-to-low spread represents a total annual volatility of 0.1290 BOB. From a start-to-finish perspective, comparing the January average rate of 2.2357 to the December average rate of 2.2325, the exchange rate registered a net change of -0.14% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.2940 was down 5.20% compared to the 2022 peak of 2.4199, 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 11,470 BOB

2022 Average 11,200 BOB

Yearly Trough Low 10,825 BOB

Transaction Impact: A difference of 645.10 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.2647

2.1683

JanuMarcMayJulySeptNove

TND to BOB 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 2.2355, compared to 2.2170 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0185 points.

H1 Avg (Jan–Jun) 2.2355

H2 Avg (Jul–Dec) 2.2170

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.1026 BOB (High: 2.2940 / Low: 2.1914). On the other end, October was the most stable month, with a tight range of 0.0287 BOB (High: 2.1938 / Low: 2.1652).

February Spread (Volatile) ±0.1026

October Spread (Stable) ±0.0287

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 0.0337 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0337

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 2.2239) against the same month in 2022 (average: 2.3900), the exchange rate shifted by -0.1660 (-6.95%).

2023 Avg (February) 2.2239

2022 Avg (February) 2.3900

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.2667	2.2043	2.2357
February	2.2940	2.1914	2.2239
March	2.2692	2.1774	2.2110
April	2.2821	2.2066	2.2567
May	2.2792	2.2306	2.2525
June	2.2483	2.2164	2.2334
July	2.2862	2.2215	2.2512
August	2.2529	2.2191	2.2354
September	2.2379	2.1757	2.2017
October	2.1938	2.1652	2.1764
November	2.2310	2.1650	2.2050
December	2.2666	2.2076	2.2325