2023 TND to EUR Historical Review

YEARLY HIGH

0.3049 EUR

YEARLY LOW

0.2879 EUR

YEARLY AVERAGE

0.2978 EUR

2023 TND to EUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TND to EUR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 0.3049. Conversely, the yearly low was recorded on April 22, dropping to 0.2879.

This high-to-low spread represents a total annual volatility of 0.0169 EUR. From a start-to-finish perspective, comparing the January average rate of 0.2999 to the December average rate of 0.2954, the exchange rate registered a net change of -1.49% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3049 was down 7.70% compared to the 2022 peak of 0.3303, 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 1,524 EUR

2022 Average 1,543 EUR

Yearly Trough Low 1,440 EUR

Transaction Impact: A difference of 84.69 EUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3013

0.2943

JanuMarcMayJulySeptNove

TND to EUR 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 0.2991, compared to 0.2965 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0026 points.

H1 Avg (Jan–Jun) 0.2991

H2 Avg (Jul–Dec) 0.2965

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.0157 EUR (High: 0.3036 / Low: 0.2879). On the other end, October was the most stable month, with a tight range of 0.0042 EUR (High: 0.3002 / Low: 0.2960).

April Spread (Volatile) ±0.0157

October Spread (Stable) ±0.0042

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 0.0032 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0032

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.3007) against the same month in 2022 (average: 0.3062), the exchange rate shifted by -0.0055 (-1.81%).

2023 Avg (February) 0.3007

2022 Avg (February) 0.3062

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3041	0.2963	0.2999
February	0.3049	0.2978	0.3007
March	0.3042	0.2942	0.2990
April	0.3036	0.2879	0.2973
May	0.3026	0.2930	0.2997
June	0.3023	0.2949	0.2981
July	0.2981	0.2911	0.2949
August	0.2995	0.2939	0.2965
September	0.3015	0.2968	0.2984
October	0.3002	0.2960	0.2983
November	0.2979	0.2925	0.2952
December	0.2994	0.2924	0.2954