2023 TND to INR Historical Review

YEARLY HIGH

27.1675 INR

YEARLY LOW

25.8727 INR

YEARLY AVERAGE

26.6104 INR

2023 TND to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TND to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 27.1675. Conversely, the yearly low was recorded on March 8, dropping to 25.8727.

This high-to-low spread represents a total annual volatility of 1.2948 INR. From a start-to-finish perspective, comparing the January average rate of 26.4409 to the December average rate of 26.8638, the exchange rate registered a net change of 1.60% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 27.1675 was up 2.39% compared to the 2022 peak of 26.5331, 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 135,838 INR

2022 Average 127,555 INR

Yearly Trough Low 129,364 INR

Transaction Impact: A difference of 6,474.04 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

26.9270

26.1686

JanuMarcMayJulySeptNove

TND to INR 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 26.5932, compared to 26.6276 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0344 points.

H1 Avg (Jan–Jun) 26.5932

H2 Avg (Jul–Dec) 26.6276

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 1.0853 INR (High: 26.9580 / Low: 25.8727). On the other end, June was the most stable month, with a tight range of 0.1865 INR (High: 26.6527 / Low: 26.4661).

March Spread (Volatile) ±1.0853

June Spread (Stable) ±0.1865

Growth Streaks & Declines

Trends

Between March and May, 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 0.3326 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.3326

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 26.8638) against the same month in 2022 (average: 26.0077), the exchange rate shifted by +0.8561 (+3.29%).

2023 Avg (December) 26.8638

2022 Avg (December) 26.0077

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	26.8094	26.2222	26.4409
February	27.1309	26.2071	26.5901
March	26.9580	25.8727	26.3509
April	26.9918	26.1578	26.7693
May	27.0136	26.6596	26.8446
June	26.6527	26.4661	26.5633
July	27.0945	26.4933	26.8022
August	26.9587	26.5119	26.7991
September	26.8675	26.2008	26.4665
October	26.3493	26.1192	26.2318
November	26.9170	26.1136	26.6022
December	27.1675	26.6270	26.8638