2023 TND to HKD Historical Review

YEARLY HIGH

2.5928 HKD

YEARLY LOW

2.4560 HKD

YEARLY AVERAGE

2.5233 HKD

2023 TND to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TND to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 13, valuing the pair at 2.5928. Conversely, the yearly low was recorded on October 4, dropping to 2.4560.

This high-to-low spread represents a total annual volatility of 0.1368 HKD. From a start-to-finish perspective, comparing the January average rate of 2.5302 to the December average rate of 2.5203, the exchange rate registered a net change of -0.39% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.5928 was down 5.14% compared to the 2022 peak of 2.7333, 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 12,964 HKD

2022 Average 12,724 HKD

Yearly Trough Low 12,280 HKD

Transaction Impact: A difference of 683.84 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.5738

2.4567

JanuMarcMayJulySeptNove

TND to HKD 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 2.5370, compared to 2.5096 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0274 points.

H1 Avg (Jan–Jun) 2.5370

H2 Avg (Jul–Dec) 2.5096

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.1000 HKD (High: 2.5885 / Low: 2.4885). On the other end, August was the most stable month, with a tight range of 0.0216 HKD (High: 2.5391 / Low: 2.5174).

February Spread (Volatile) ±0.1000

August Spread (Stable) ±0.0216

Growth Streaks & Declines

Trends

Between 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 0.0365 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0365

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 2.5640) against the same month in 2022 (average: 2.6143), the exchange rate shifted by -0.0503 (-1.92%).

2023 Avg (April) 2.5640

2022 Avg (April) 2.6143

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.5705	2.4904	2.5302
February	2.5885	2.4885	2.5252
March	2.5776	2.4778	2.5149
April	2.5928	2.5039	2.5640
May	2.5889	2.5276	2.5557
June	2.5452	2.5185	2.5319
July	2.5809	2.5239	2.5492
August	2.5391	2.5174	2.5320
September	2.5357	2.4626	2.4955
October	2.4811	2.4560	2.4665
November	2.5213	2.4564	2.4940
December	2.5494	2.4940	2.5203