2023 TND to KMF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 TND to KMF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the TND to KMF exchange rate experienced significant fluctuation. The market reached its absolute peak on March 7, valuing the pair at 150.0378. Conversely, the yearly low was recorded on April 17, dropping to 142.1212.
This high-to-low spread represents a total annual volatility of 7.9166 KMF. From a start-to-finish perspective, comparing the January average rate of 147.8665 to the December average rate of 145.5791, the exchange rate registered a net change of -1.55% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 150.0378 was down 7.46% compared to the 2022 peak of 162.1367, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 TND based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
TND to KMF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 147.4948, compared to 146.0862 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.4085 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was April, with a trading range of 6.2716 KMF (High: 148.3927 / Low: 142.1212). On the other end, September was the most stable month, with a tight range of 1.6276 KMF (High: 147.7802 / Low: 146.1526).
Growth Streaks & Declines
TrendsBetween July and October, 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 1.7439 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2023: 147.5882) against the same month in 2022 (average: 151.8089), the exchange rate shifted by -4.2207 (-2.78%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 149.7521 | 146.0276 | 147.8665 |
| February | 149.9796 | 146.8200 | 148.0594 |
| March | 150.0378 | 144.7193 | 147.5882 |
| April | 148.3927 | 142.1212 | 146.6347 |
| May | 149.2679 | 146.4749 | 147.7941 |
| June | 149.2679 | 145.5587 | 147.0258 |
| July | 146.6568 | 143.8113 | 145.2819 |
| August | 147.2660 | 145.0774 | 146.0458 |
| September | 147.7802 | 146.1526 | 146.8880 |
| October | 147.9962 | 146.1345 | 146.9547 |
| November | 146.7263 | 144.5726 | 145.7679 |
| December | 146.8012 | 144.1134 | 145.5791 |