2023 TND to JOD Historical Review

YEARLY HIGH

0.2343 JOD

YEARLY LOW

0.2226 JOD

YEARLY AVERAGE

0.2286 JOD

2023 TND to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TND to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 13, valuing the pair at 0.2343. Conversely, the yearly low was recorded on October 4, dropping to 0.2226.

This high-to-low spread represents a total annual volatility of 0.0117 JOD. From a start-to-finish perspective, comparing the January average rate of 0.2295 to the December average rate of 0.2289, the exchange rate registered a net change of -0.25% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2343 was down 5.81% compared to the 2022 peak of 0.2487, 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 1,171 JOD

2022 Average 1,152 JOD

Yearly Trough Low 1,113 JOD

Transaction Impact: A difference of 58.33 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2325

0.2228

JanuMarcMayJulySeptNove

TND to JOD 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 0.2296, compared to 0.2276 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0020 points.

H1 Avg (Jan–Jun) 0.2296

H2 Avg (Jul–Dec) 0.2276

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0092 JOD (High: 0.2342 / Low: 0.2250). On the other end, October was the most stable month, with a tight range of 0.0022 JOD (High: 0.2248 / Low: 0.2226).

February Spread (Volatile) ±0.0092

October Spread (Stable) ±0.0022

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 0.0032 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0032

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 0.2317) against the same month in 2022 (average: 0.2364), the exchange rate shifted by -0.0047 (-1.98%).

2023 Avg (April) 0.2317

2022 Avg (April) 0.2364

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2326	0.2263	0.2295
February	0.2342	0.2250	0.2283
March	0.2329	0.2239	0.2273
April	0.2343	0.2263	0.2317
May	0.2340	0.2291	0.2314
June	0.2307	0.2279	0.2293
July	0.2341	0.2290	0.2313
August	0.2299	0.2274	0.2290
September	0.2290	0.2235	0.2258
October	0.2248	0.2226	0.2236
November	0.2291	0.2227	0.2266
December	0.2316	0.2266	0.2289