YEARLY HIGH
18.9628 DOP
YEARLY LOW
17.2713 DOP
YEARLY AVERAGE
18.0438 DOP

2023 TND to DOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TND to DOP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 18.9628. Conversely, the yearly low was recorded on March 18, dropping to 17.2713.

This high-to-low spread represents a total annual volatility of 1.6915 DOP. From a start-to-finish perspective, comparing the January average rate of 18.3094 to the December average rate of 18.5024, the exchange rate registered a net change of 1.05% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 18.9628 was down 6.15% compared to the 2022 peak of 20.2057, 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 94,814 DOP
2022 Average 89,373 DOP
Yearly Trough Low 86,357 DOP
Transaction Impact: A difference of 8,457.42 DOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

18.5920
17.5169
JanuMarcMayJulySeptNove

TND to DOP 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 17.8975, compared to 18.1902 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2928 points.

H1 Avg (Jan–Jun) 17.8975
H2 Avg (Jul–Dec) 18.1902

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 1.1587 DOP (High: 18.8002 / Low: 17.6415). On the other end, October was the most stable month, with a tight range of 0.2134 DOP (High: 18.0182 / Low: 17.8049).

February Spread (Volatile) ±1.1587
October Spread (Stable) ±0.2134

Growth Streaks & Declines

Trends

Between June and August, 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 0.4733 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.4733

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 18.5024) against the same month in 2022 (average: 17.4599), the exchange rate shifted by +1.0425 (+5.97%).

2023 Avg (December) 18.5024
2022 Avg (December) 17.4599

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 18.6191 18.0022 18.3094
February 18.8002 17.6415 18.0798
March 18.0121 17.2713 17.6065
April 18.1182 17.4441 17.8674
May 17.9972 17.6138 17.7830
June 17.8937 17.5618 17.7387
July 18.5133 17.8408 18.1976
August 18.5017 18.1644 18.3190
September 18.4214 17.8624 18.0880
October 18.0182 17.8049 17.9025
November 18.4168 17.6800 18.1318
December 18.9628 18.1746 18.5024