2023 TND to BTN Historical Review

YEARLY HIGH

27.2880 BTN

YEARLY LOW

25.8985 BTN

YEARLY AVERAGE

26.6030 BTN

2023 TND to BTN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TND to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 27.2880. Conversely, the yearly low was recorded on March 8, dropping to 25.8985.

This high-to-low spread represents a total annual volatility of 1.3895 BTN. From a start-to-finish perspective, comparing the January average rate of 26.4725 to the December average rate of 26.8892, the exchange rate registered a net change of 1.57% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 27.2880 was up 2.80% compared to the 2022 peak of 26.5453, 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 136,440 BTN

2022 Average 127,523 BTN

Yearly Trough Low 129,493 BTN

Transaction Impact: A difference of 6,947.31 BTN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

26.9573

26.1402

JanuMarcMayJulySeptNove

TND to BTN 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 26.5905, compared to 26.6155 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0249 points.

H1 Avg (Jan–Jun) 26.5905

H2 Avg (Jul–Dec) 26.6155

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 1.0800 BTN (High: 26.9785 / Low: 25.8985). On the other end, October was the most stable month, with a tight range of 0.2969 BTN (High: 26.3653 / Low: 26.0683).

March Spread (Volatile) ±1.0800

October Spread (Stable) ±0.2969

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 0.3352 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.3352

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 26.8892) against the same month in 2022 (average: 26.0140), the exchange rate shifted by +0.8752 (+3.36%).

2023 Avg (December) 26.8892

2022 Avg (December) 26.0140

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	26.8841	26.2784	26.4725
February	27.1657	26.2301	26.5781
March	26.9785	25.8985	26.3413
April	27.0592	26.1247	26.7501
May	27.0142	26.6650	26.8332
June	26.7389	26.3569	26.5681
July	27.1103	26.4278	26.7725
August	27.0115	26.5716	26.7894
September	26.9055	26.1984	26.4542
October	26.3653	26.0683	26.2083
November	26.9228	26.0761	26.5793
December	27.2880	26.6322	26.8892