2023 TND to COP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 TND to COP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the TND to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 1590.9012. Conversely, the yearly low was recorded on September 19, dropping to 1239.8143.
This high-to-low spread represents a total annual volatility of 351.0869 COP. From a start-to-finish perspective, comparing the January average rate of 1524.7841 to the December average rate of 1276.8825, the exchange rate registered a net change of -16.26% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 1590.9012 was up 0.03% compared to the 2022 peak of 1590.3702, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 TND based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
TND to COP Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 1485.4044, compared to 1302.6373 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 182.7672 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was January, with a trading range of 139.5514 COP (High: 1590.9012 / Low: 1451.3499). On the other end, December was the most stable month, with a tight range of 51.0843 COP (High: 1303.7347 / Low: 1252.6504).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 122.6322 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2023: 1524.7841) against the same month in 2022 (average: 1386.3180), the exchange rate shifted by +138.4661 (+9.99%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1590.9012 | 1451.3499 | 1524.7841 |
| February | 1582.2913 | 1514.8527 | 1543.0048 |
| March | 1548.8736 | 1496.1740 | 1524.3731 |
| April | 1533.4669 | 1415.3518 | 1481.2478 |
| May | 1538.5333 | 1420.3750 | 1480.8244 |
| June | 1432.6015 | 1321.7890 | 1358.1922 |
| July | 1360.6977 | 1275.7268 | 1325.5526 |
| August | 1343.3780 | 1268.5624 | 1317.4758 |
| September | 1327.6370 | 1239.8143 | 1277.8834 |
| October | 1367.7387 | 1287.6769 | 1330.3776 |
| November | 1315.0788 | 1252.7787 | 1287.6517 |
| December | 1303.7347 | 1252.6504 | 1276.8825 |