2023 TND to DZD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 TND to DZD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the TND to DZD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 44.8242. Conversely, the yearly low was recorded on November 4, dropping to 42.5360.
This high-to-low spread represents a total annual volatility of 2.2882 DZD. From a start-to-finish perspective, comparing the January average rate of 44.1290 to the December average rate of 43.4100, the exchange rate registered a net change of -1.63% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 44.8242 was down 8.93% compared to the 2022 peak of 49.2219, 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 DZD 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 44.0347, compared to 43.5841 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4506 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was April, with a trading range of 1.5356 DZD (High: 44.7121 / Low: 43.1764). On the other end, June was the most stable month, with a tight range of 0.4125 DZD (High: 44.1621 / Low: 43.7496).
Growth Streaks & Declines
TrendsBetween 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 September and October, when the average rate fell by 0.4362 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2023: 43.9132) against the same month in 2022 (average: 48.8645), the exchange rate shifted by -4.9514 (-10.13%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 44.5650 | 43.6731 | 44.1290 |
| February | 44.8242 | 43.2980 | 43.9132 |
| March | 44.5507 | 43.1729 | 43.6138 |
| April | 44.7121 | 43.1764 | 44.2445 |
| May | 44.7107 | 44.0882 | 44.3712 |
| June | 44.1621 | 43.7496 | 43.9365 |
| July | 44.5198 | 43.7035 | 44.0753 |
| August | 44.2629 | 43.8220 | 44.0312 |
| September | 44.3167 | 43.2658 | 43.7162 |
| October | 43.5632 | 42.7894 | 43.2800 |
| November | 43.4698 | 42.5360 | 42.9921 |
| December | 43.9393 | 42.9596 | 43.4100 |