2023 TND to CAD Historical Review

YEARLY HIGH

0.4507 CAD

YEARLY LOW

0.4248 CAD

YEARLY AVERAGE

0.4351 CAD

2023 TND to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TND to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 29, valuing the pair at 0.4507. Conversely, the yearly low was recorded on September 25, dropping to 0.4248.

This high-to-low spread represents a total annual volatility of 0.0259 CAD. From a start-to-finish perspective, comparing the January average rate of 0.4342 to the December average rate of 0.4328, the exchange rate registered a net change of -0.33% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.4507 was up 0.95% compared to the 2022 peak of 0.4464, 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 2,253 CAD

2022 Average 2,113 CAD

Yearly Trough Low 2,124 CAD

Transaction Impact: A difference of 129.53 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.4427

0.4283

JanuMarcMayJulySeptNove

TND to CAD 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 0.4364, compared to 0.4337 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0027 points.

H1 Avg (Jan–Jun) 0.4364

H2 Avg (Jul–Dec) 0.4337

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.0234 CAD (High: 0.4507 / Low: 0.4273). On the other end, December was the most stable month, with a tight range of 0.0082 CAD (High: 0.4370 / Low: 0.4288).

April Spread (Volatile) ±0.0234

December Spread (Stable) ±0.0082

Growth Streaks & Declines

Trends

Between February and April, 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 May and June, when the average rate fell by 0.0116 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0116

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 0.4415) against the same month in 2022 (average: 0.4212), the exchange rate shifted by +0.0203 (+4.82%).

2023 Avg (April) 0.4415

2022 Avg (April) 0.4212

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4389	0.4274	0.4342
February	0.4411	0.4266	0.4331
March	0.4441	0.4331	0.4390
April	0.4507	0.4273	0.4415
May	0.4486	0.4360	0.4412
June	0.4350	0.4250	0.4295
July	0.4367	0.4272	0.4314
August	0.4401	0.4300	0.4362
September	0.4411	0.4248	0.4319
October	0.4371	0.4276	0.4322
November	0.4420	0.4293	0.4379
December	0.4370	0.4288	0.4328