YEARLY HIGH
0.2731 GBP
YEARLY LOW
0.2493 GBP
YEARLY AVERAGE
0.2592 GBP

2023 TND to GBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TND to GBP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 0.2731. Conversely, the yearly low was recorded on July 13, dropping to 0.2493.

This high-to-low spread represents a total annual volatility of 0.0238 GBP. From a start-to-finish perspective, comparing the January average rate of 0.2643 to the December average rate of 0.2548, the exchange rate registered a net change of -3.59% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2731 was down 5.32% compared to the 2022 peak of 0.2885, 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 1,366 GBP
2022 Average 1,316 GBP
Yearly Trough Low 1,247 GBP
Transaction Impact: A difference of 118.90 GBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2681
0.2519
JanuMarcMayJulySeptNove

TND to GBP 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 0.2624, compared to 0.2560 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0064 points.

H1 Avg (Jan–Jun) 0.2624
H2 Avg (Jul–Dec) 0.2560

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0112 GBP (High: 0.2713 / Low: 0.2601). On the other end, May was the most stable month, with a tight range of 0.0038 GBP (High: 0.2638 / Low: 0.2599).

March Spread (Volatile) ±0.0112
May Spread (Stable) ±0.0038

Growth Streaks & Declines

Trends

Between July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0056 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0056

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.2667) against the same month in 2022 (average: 0.2566), the exchange rate shifted by +0.0101 (+3.94%).

2023 Avg (February) 0.2667
2022 Avg (February) 0.2566

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2687 0.2607 0.2643
February 0.2731 0.2620 0.2667
March 0.2713 0.2601 0.2640
April 0.2670 0.2567 0.2625
May 0.2638 0.2599 0.2614
June 0.2602 0.2531 0.2558
July 0.2571 0.2493 0.2532
August 0.2571 0.2522 0.2547
September 0.2597 0.2556 0.2573
October 0.2604 0.2566 0.2590
November 0.2602 0.2538 0.2571
December 0.2578 0.2517 0.2548