2023 TND to JPY Historical Review

YEARLY HIGH

48.5507 JPY

YEARLY LOW

41.6056 JPY

YEARLY AVERAGE

45.2650 JPY

2023 TND to JPY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TND to JPY exchange rate experienced significant fluctuation. The market reached its absolute peak on November 15, valuing the pair at 48.5507. Conversely, the yearly low was recorded on January 19, dropping to 41.6056.

This high-to-low spread represents a total annual volatility of 6.9450 JPY. From a start-to-finish perspective, comparing the January average rate of 42.1154 to the December average rate of 46.3607, the exchange rate registered a net change of 10.08% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 48.5507 was up 3.65% compared to the 2022 peak of 46.8406, 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 242,753 JPY

2022 Average 212,911 JPY

Yearly Trough Low 208,028 JPY

Transaction Impact: A difference of 34,725.01 JPY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

48.4323

41.5411

JanuMarcMayJulySeptNove

TND to JPY 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 43.6403, compared to 46.8896 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.2492 points.

H1 Avg (Jan–Jun) 43.6403

H2 Avg (Jul–Dec) 46.8896

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 2.2782 JPY (High: 44.0879 / Low: 41.8098). On the other end, September was the most stable month, with a tight range of 0.8429 JPY (High: 47.6833 / Low: 46.8404).

March Spread (Volatile) ±2.2782

September Spread (Stable) ±0.8429

Growth Streaks & Declines

Trends

Between March and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 1.4974 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -1.4974

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 47.8581) against the same month in 2022 (average: 44.0860), the exchange rate shifted by +3.7721 (+8.56%).

2023 Avg (November) 47.8581

2022 Avg (November) 44.0860

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	42.7825	41.6056	42.1154
February	43.6054	41.9754	42.8581
March	44.0879	41.8098	42.8044
April	45.0186	42.8014	43.6266
May	45.4911	44.0452	44.7497
June	46.7273	44.7660	45.6878
July	46.8955	44.9273	46.0310
August	47.3783	45.9327	46.8440
September	47.6833	46.8404	47.1049
October	47.6533	46.7013	47.1387
November	48.5507	46.9069	47.8581
December	47.3201	45.6888	46.3607