2023 TND to CRC Historical Review

YEARLY HIGH

190.4834 CRC

YEARLY LOW

166.3250 CRC

YEARLY AVERAGE

174.5773 CRC

2023 TND to CRC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TND to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 190.4834. Conversely, the yearly low was recorded on November 5, dropping to 166.3250.

This high-to-low spread represents a total annual volatility of 24.1584 CRC. From a start-to-finish perspective, comparing the January average rate of 185.9332 to the December average rate of 169.4761, the exchange rate registered a net change of -8.85% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 190.4834 was down 16.10% compared to the 2022 peak of 227.0309, 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 952,417 CRC

2022 Average 1,048,975 CRC

Yearly Trough Low 831,625 CRC

Transaction Impact: A difference of 120,791.99 CRC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

187.7619

165.8180

JanuMarcMayJulySeptNove

TND to CRC 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 177.8982, compared to 171.2565 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 6.6418 points.

H1 Avg (Jan–Jun) 177.8982

H2 Avg (Jul–Dec) 171.2565

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 10.5783 CRC (High: 187.5194 / Low: 176.9411). On the other end, October was the most stable month, with a tight range of 2.9455 CRC (High: 169.7377 / Low: 166.7922).

February Spread (Volatile) ±10.5783

October Spread (Stable) ±2.9455

Growth Streaks & Declines

Trends

Between March and May, 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 February and March, when the average rate fell by 7.0407 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -7.0407

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 185.9332) against the same month in 2022 (average: 221.3775), the exchange rate shifted by -35.4443 (-16.01%).

2023 Avg (January) 185.9332

2022 Avg (January) 221.3775

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	190.4834	181.0868	185.9332
February	187.5194	176.9411	181.8592
March	178.3781	171.1127	174.8185
April	178.4127	170.1914	174.9543
May	179.2249	172.8710	175.2742
June	176.1842	172.5627	174.5499
July	178.4950	173.2829	176.1434
August	176.7726	171.2166	174.1147
September	174.2987	167.9372	170.6857
October	169.7377	166.7922	167.6466
November	171.1436	166.3250	169.4723
December	172.3244	168.4951	169.4761