YEARLY HIGH
0.3048 CHF
YEARLY LOW
0.2744 CHF
YEARLY AVERAGE
0.2896 CHF

2023 TND to CHF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TND to CHF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 0.3048. Conversely, the yearly low was recorded on December 30, dropping to 0.2744.

This high-to-low spread represents a total annual volatility of 0.0303 CHF. From a start-to-finish perspective, comparing the January average rate of 0.2990 to the December average rate of 0.2787, the exchange rate registered a net change of -6.76% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3048 was down 7.01% compared to the 2022 peak of 0.3277, 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 1,524 CHF
2022 Average 1,550 CHF
Yearly Trough Low 1,372 CHF
Transaction Impact: A difference of 151.71 CHF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3010
0.2767
JanuMarcMayJulySeptNove

TND to CHF 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 0.2952, compared to 0.2840 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0112 points.

H1 Avg (Jan–Jun) 0.2952
H2 Avg (Jul–Dec) 0.2840

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.0160 CHF (High: 0.3010 / Low: 0.2850). On the other end, August was the most stable month, with a tight range of 0.0045 CHF (High: 0.2863 / Low: 0.2818).

April Spread (Volatile) ±0.0160
August Spread (Stable) ±0.0045

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0059 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0059

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.2982) against the same month in 2022 (average: 0.3205), the exchange rate shifted by -0.0223 (-6.97%).

2023 Avg (February) 0.2982
2022 Avg (February) 0.3205

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3034 0.2939 0.2990
February 0.3048 0.2942 0.2982
March 0.3024 0.2931 0.2965
April 0.3010 0.2850 0.2936
May 0.2951 0.2903 0.2929
June 0.2943 0.2888 0.2910
July 0.2908 0.2787 0.2851
August 0.2863 0.2818 0.2843
September 0.2901 0.2847 0.2865
October 0.2900 0.2814 0.2848
November 0.2870 0.2820 0.2847
December 0.2840 0.2744 0.2787