2023 TND to IDR Historical Review

YEARLY HIGH

5065.1263 IDR

YEARLY LOW

4742.4095 IDR

YEARLY AVERAGE

4911.0911 IDR

2023 TND to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TND to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 17, valuing the pair at 5065.1263. Conversely, the yearly low was recorded on April 17, dropping to 4742.4095.

This high-to-low spread represents a total annual volatility of 322.7168 IDR. From a start-to-finish perspective, comparing the January average rate of 4931.2579 to the December average rate of 4996.4766, the exchange rate registered a net change of 1.32% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 5065.1263 was up 0.19% compared to the 2022 peak of 5055.6978, 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 25,325,632 IDR

2022 Average 24,104,510 IDR

Yearly Trough Low 23,712,047 IDR

Transaction Impact: A difference of 1,613,584.07 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

5012.9489

4815.2805

JanuMarcMayJulySeptNove

TND to IDR 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 4873.8799, compared to 4948.3022 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 74.4224 points.

H1 Avg (Jan–Jun) 4873.8799

H2 Avg (Jul–Dec) 4948.3022

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 187.1543 IDR (High: 4929.5638 / Low: 4742.4095). On the other end, May was the most stable month, with a tight range of 61.8090 IDR (High: 4875.0246 / Low: 4813.2156).

April Spread (Volatile) ±187.1543

May Spread (Stable) ±61.8090

Growth Streaks & Declines

Trends

Between September and December, 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 January and February, when the average rate fell by 51.2308 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -51.2308

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 4996.4766) against the same month in 2022 (average: 4911.5176), the exchange rate shifted by +84.9590 (+1.73%).

2023 Avg (December) 4996.4766

2022 Avg (December) 4911.5176

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	5017.1305	4834.8867	4931.2579
February	4965.0619	4820.7092	4880.0271
March	4965.7489	4822.7491	4901.3150
April	4929.5638	4742.4095	4857.6721
May	4875.0246	4813.2156	4841.2543
June	4890.3949	4773.0741	4831.7529
July	4969.7970	4853.6668	4910.7035
August	4976.9118	4904.9417	4938.7802
September	4953.9208	4866.4169	4899.9558
October	5026.2075	4887.4214	4967.4323
November	5044.1390	4895.3054	4976.4651
December	5065.1263	4921.4995	4996.4766