2023 TND to GYD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 TND to GYD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the TND to GYD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 70.0497. Conversely, the yearly low was recorded on November 5, dropping to 65.5501.
This high-to-low spread represents a total annual volatility of 4.4996 GYD. From a start-to-finish perspective, comparing the January average rate of 67.8465 to the December average rate of 67.6054, the exchange rate registered a net change of -0.36% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 70.0497 was down 4.60% compared to the 2022 peak of 73.4270, 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 GYD 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 68.2674, compared to 67.1917 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.0757 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was February, with a trading range of 3.1322 GYD (High: 70.0497 / Low: 66.9175). On the other end, October was the most stable month, with a tight range of 0.8675 GYD (High: 66.4227 / Low: 65.5552).
Growth Streaks & Declines
TrendsBetween October and December, 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 August and September, when the average rate fell by 1.0431 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2023: 67.9090) against the same month in 2022 (average: 72.6385), the exchange rate shifted by -4.7295 (-6.51%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 69.2132 | 66.7789 | 67.8465 |
| February | 70.0497 | 66.9175 | 67.9090 |
| March | 69.2650 | 66.4914 | 67.5098 |
| April | 69.8497 | 67.4860 | 69.0420 |
| May | 69.7644 | 68.2766 | 68.9381 |
| June | 68.8172 | 67.8379 | 68.3589 |
| July | 69.3794 | 67.7190 | 68.4239 |
| August | 68.2364 | 67.1889 | 67.7137 |
| September | 67.7582 | 65.8728 | 66.6706 |
| October | 66.4227 | 65.5552 | 65.9284 |
| November | 67.6863 | 65.5501 | 66.8080 |
| December | 68.6637 | 66.8874 | 67.6054 |