2023 TND to DJF Historical Review

YEARLY HIGH

59.1023 DJF

YEARLY LOW

55.4532 DJF

YEARLY AVERAGE

57.3143 DJF

2023 TND to DJF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TND to DJF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 59.1023. Conversely, the yearly low was recorded on November 4, dropping to 55.4532.

This high-to-low spread represents a total annual volatility of 3.6491 DJF. From a start-to-finish perspective, comparing the January average rate of 57.5096 to the December average rate of 57.4744, the exchange rate registered a net change of -0.06% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 59.1023 was down 5.36% compared to the 2022 peak of 62.4512, 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 295,511 DJF

2022 Average 289,270 DJF

Yearly Trough Low 277,266 DJF

Transaction Impact: A difference of 18,245.53 DJF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

58.2179

55.8634

JanuMarcMayJulySeptNove

TND to DJF 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 57.5436, compared to 57.0851 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4585 points.

H1 Avg (Jan–Jun) 57.5436

H2 Avg (Jul–Dec) 57.0851

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 2.6937 DJF (High: 59.1023 / Low: 56.4086). On the other end, October was the most stable month, with a tight range of 0.7255 DJF (High: 56.5335 / Low: 55.8080).

February Spread (Volatile) ±2.6937

October Spread (Stable) ±0.7255

Growth Streaks & Declines

Trends

Between October and December, 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 August and September, when the average rate fell by 0.8209 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.8209

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 57.2764) against the same month in 2022 (average: 61.7877), the exchange rate shifted by -4.5113 (-7.30%).

2023 Avg (February) 57.2764

2022 Avg (February) 61.7877

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	58.3572	56.5611	57.5096
February	59.1023	56.4086	57.2764
March	58.3904	56.1067	56.9234
April	58.7624	56.8140	58.0217
May	58.6908	57.4194	57.9989
June	57.9828	57.1080	57.5314
July	58.7556	57.2397	57.9366
August	58.0464	57.0941	57.5542
September	57.5586	56.0650	56.7332
October	56.5335	55.8080	56.0596
November	57.6225	55.4532	56.7526
December	58.3071	56.8705	57.4744