2023 TND to CNY Historical Review

YEARLY HIGH

2.3855 CNY

YEARLY LOW

2.1610 CNY

YEARLY AVERAGE

2.2792 CNY

2023 TND to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TND to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on July 19, valuing the pair at 2.3855. Conversely, the yearly low was recorded on January 9, dropping to 2.1610.

This high-to-low spread represents a total annual volatility of 0.2246 CNY. From a start-to-finish perspective, comparing the January average rate of 2.1973 to the December average rate of 2.2972, the exchange rate registered a net change of 4.55% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.3855 was up 4.22% compared to the 2022 peak of 2.2890, 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 11,928 CNY

2022 Average 10,917 CNY

Yearly Trough Low 10,805 CNY

Transaction Impact: A difference of 1,122.83 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.3581

2.1827

JanuMarcMayJulySeptNove

TND to CNY 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 2.2415, compared to 2.3169 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0754 points.

H1 Avg (Jan–Jun) 2.2415

H2 Avg (Jul–Dec) 2.3169

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.0867 CNY (High: 2.2813 / Low: 2.1945). On the other end, May was the most stable month, with a tight range of 0.0326 CNY (High: 2.3010 / Low: 2.2684).

April Spread (Volatile) ±0.0867

May Spread (Stable) ±0.0326

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0313 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0313

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 2.3435) against the same month in 2022 (average: 2.1670), the exchange rate shifted by +0.1765 (+8.15%).

2023 Avg (July) 2.3435

2022 Avg (July) 2.1670

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.2243	2.1610	2.1973
February	2.2285	2.1748	2.2022
March	2.2564	2.1806	2.2085
April	2.2813	2.1945	2.2495
May	2.3010	2.2684	2.2789
June	2.3426	2.2832	2.3127
July	2.3855	2.3065	2.3435
August	2.3603	2.3062	2.3421
September	2.3620	2.2991	2.3242
October	2.3151	2.2569	2.2929
November	2.3277	2.2773	2.3017
December	2.3300	2.2717	2.2972