2023 TND to IRR Historical Review

YEARLY HIGH

13955.4088 IRR

YEARLY LOW

13254.9020 IRR

YEARLY AVERAGE

13606.8678 IRR

2023 TND to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TND to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 13, valuing the pair at 13955.4088. Conversely, the yearly low was recorded on October 4, dropping to 13254.9020.

This high-to-low spread represents a total annual volatility of 700.5068 IRR. From a start-to-finish perspective, comparing the January average rate of 13568.0692 to the December average rate of 13628.2177, the exchange rate registered a net change of 0.44% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 13955.4088 was down 5.86% compared to the 2022 peak of 14824.7152, 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 69,777,044 IRR

2022 Average 68,683,863 IRR

Yearly Trough Low 66,274,510 IRR

Transaction Impact: A difference of 3,502,533.96 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

13852.3175

13268.1112

JanuMarcMayJulySeptNove

TND to IRR 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 13653.0394, compared to 13560.6963 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 92.3430 points.

H1 Avg (Jan–Jun) 13653.0394

H2 Avg (Jul–Dec) 13560.6963

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 560.7396 IRR (High: 13872.9273 / Low: 13312.1877). On the other end, October was the most stable month, with a tight range of 129.8961 IRR (High: 13384.7981 / Low: 13254.9020).

March Spread (Volatile) ±560.7396

October Spread (Stable) ±129.8961

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 211.9208 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -211.9208

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 13803.6337) against the same month in 2022 (average: 14110.0945), the exchange rate shifted by -306.4609 (-2.17%).

2023 Avg (April) 13803.6337

2022 Avg (April) 14110.0945

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	13837.7049	13369.4959	13568.0692
February	13935.9419	13424.3097	13585.8652
March	13872.9273	13312.1877	13509.9366
April	13955.4088	13476.8740	13803.6337
May	13944.0917	13644.4373	13785.1236
June	13741.2644	13599.0998	13665.6079
July	13954.4479	13634.5301	13775.5954
August	13722.2105	13577.9669	13677.7580
September	13670.1698	13298.9610	13465.8373
October	13384.7981	13254.9020	13316.7950
November	13642.9667	13259.5384	13499.9745
December	13788.3235	13502.3962	13628.2177