2023 TND to DKK Historical Review

YEARLY HIGH

2.2691 DKK

YEARLY LOW

2.1657 DKK

YEARLY AVERAGE

2.2203 DKK

2023 TND to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TND to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 2.2691. Conversely, the yearly low was recorded on April 23, dropping to 2.1657.

This high-to-low spread represents a total annual volatility of 0.1034 DKK. From a start-to-finish perspective, comparing the January average rate of 2.2317 to the December average rate of 2.2034, the exchange rate registered a net change of -1.27% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.2691 was down 7.62% compared to the 2022 peak of 2.4562, 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 11,345 DKK

2022 Average 11,478 DKK

Yearly Trough Low 10,828 DKK

Transaction Impact: A difference of 517.05 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.2439

2.1934

JanuMarcMayJulySeptNove

TND to DKK 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 2.2298, compared to 2.2109 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0188 points.

H1 Avg (Jan–Jun) 2.2298

H2 Avg (Jul–Dec) 2.2109

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.0962 DKK (High: 2.2619 / Low: 2.1657). On the other end, October was the most stable month, with a tight range of 0.0301 DKK (High: 2.2393 / Low: 2.2091).

April Spread (Volatile) ±0.0962

October Spread (Stable) ±0.0301

Growth Streaks & Declines

Trends

Between July and September, 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 June and July, when the average rate fell by 0.0237 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0237

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 2.2397) against the same month in 2022 (average: 2.2786), the exchange rate shifted by -0.0388 (-1.70%).

2023 Avg (February) 2.2397

2022 Avg (February) 2.2786

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.2616	2.2046	2.2317
February	2.2691	2.2173	2.2397
March	2.2643	2.1905	2.2285
April	2.2619	2.1657	2.2209
May	2.2539	2.2126	2.2365
June	2.2524	2.1961	2.2213
July	2.2211	2.1715	2.1976
August	2.2326	2.1925	2.2103
September	2.2476	2.2124	2.2261
October	2.2393	2.2091	2.2258
November	2.2219	2.1834	2.2023
December	2.2315	2.1805	2.2034