2023 TND to BZD Historical Review

YEARLY HIGH

0.6692 BZD

YEARLY LOW

0.6315 BZD

YEARLY AVERAGE

0.6493 BZD

2023 TND to BZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TND to BZD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 0.6692. Conversely, the yearly low was recorded on November 5, dropping to 0.6315.

This high-to-low spread represents a total annual volatility of 0.0376 BZD. From a start-to-finish perspective, comparing the January average rate of 0.6522 to the December average rate of 0.6512, the exchange rate registered a net change of -0.15% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.6692 was down 5.40% compared to the 2022 peak of 0.7074, 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 3,346 BZD

2022 Average 3,275 BZD

Yearly Trough Low 3,158 BZD

Transaction Impact: A difference of 188.16 BZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.6600

0.6326

JanuMarcMayJulySeptNove

TND to BZD 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 0.6519, compared to 0.6467 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0052 points.

H1 Avg (Jan–Jun) 0.6519

H2 Avg (Jul–Dec) 0.6467

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0299 BZD (High: 0.6692 / Low: 0.6393). On the other end, October was the most stable month, with a tight range of 0.0082 BZD (High: 0.6400 / Low: 0.6318).

February Spread (Volatile) ±0.0299

October Spread (Stable) ±0.0082

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 0.0098 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0098

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.6487) against the same month in 2022 (average: 0.6999), the exchange rate shifted by -0.0512 (-7.31%).

2023 Avg (February) 0.6487

2022 Avg (February) 0.6999

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6612	0.6430	0.6522
February	0.6692	0.6393	0.6487
March	0.6620	0.6352	0.6443
April	0.6657	0.6432	0.6578
May	0.6649	0.6504	0.6570
June	0.6559	0.6465	0.6515
July	0.6656	0.6480	0.6565
August	0.6572	0.6473	0.6521
September	0.6528	0.6347	0.6423
October	0.6400	0.6318	0.6349
November	0.6507	0.6315	0.6432
December	0.6612	0.6440	0.6512