2023 TND to ISK Historical Review

YEARLY HIGH

46.8422 ISK

YEARLY LOW

42.1483 ISK

YEARLY AVERAGE

44.4412 ISK

2023 TND to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TND to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 17, valuing the pair at 46.8422. Conversely, the yearly low was recorded on August 30, dropping to 42.1483.

This high-to-low spread represents a total annual volatility of 4.6938 ISK. From a start-to-finish perspective, comparing the January average rate of 46.2326 to the December average rate of 44.4832, the exchange rate registered a net change of -3.78% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 46.8422 was up 1.09% compared to the 2022 peak of 46.3387, 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 234,211 ISK

2022 Average 219,447 ISK

Yearly Trough Low 210,742 ISK

Transaction Impact: A difference of 23,469.24 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

46.5909

42.2908

JanuMarcMayJulySeptNove

TND to ISK 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 45.2330, compared to 43.6495 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.5834 points.

H1 Avg (Jan–Jun) 45.2330

H2 Avg (Jul–Dec) 43.6495

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 1.9669 ISK (High: 45.6033 / Low: 43.6364). On the other end, August was the most stable month, with a tight range of 0.7981 ISK (High: 42.9465 / Low: 42.1483).

November Spread (Volatile) ±1.9669

August Spread (Stable) ±0.7981

Growth Streaks & Declines

Trends

Between August and November, 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 June and July, when the average rate fell by 1.2943 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -1.2943

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 46.2326) against the same month in 2022 (average: 44.6972), the exchange rate shifted by +1.5353 (+3.43%).

2023 Avg (January) 46.2326

2022 Avg (January) 44.6972

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	46.8422	45.5581	46.2326
February	46.7686	45.3505	46.0380
March	45.5997	43.8807	44.8286
April	45.2190	43.5495	44.5853
May	45.5599	44.5752	45.1502
June	45.6242	43.7348	44.5631
July	44.4949	42.5493	43.2688
August	42.9465	42.1483	42.6491
September	43.6528	42.6430	43.1247
October	44.0189	43.1515	43.6845
November	45.6033	43.6364	44.6867
December	44.9967	44.0154	44.4832