YEARLY HIGH
297.2750 KPW
YEARLY LOW
282.3529 KPW
YEARLY AVERAGE
290.0607 KPW

2023 TND to KPW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TND to KPW exchange rate experienced significant fluctuation. The market reached its absolute peak on April 13, valuing the pair at 297.2750. Conversely, the yearly low was recorded on October 4, dropping to 282.3529.

This high-to-low spread represents a total annual volatility of 14.9220 KPW. From a start-to-finish perspective, comparing the January average rate of 291.1897 to the December average rate of 290.4439, the exchange rate registered a net change of -0.26% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 297.2750 was down 5.85% compared to the 2022 peak of 315.7341, 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 1,486,375 KPW
2022 Average 1,462,465 KPW
Yearly Trough Low 1,411,765 KPW
Transaction Impact: A difference of 74,610.19 KPW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

295.0151
282.6401
JanuMarcMayJulySeptNove

TND to KPW 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 291.2676, compared to 288.8538 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.4138 points.

H1 Avg (Jan–Jun) 291.2676
H2 Avg (Jul–Dec) 288.8538

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 11.6891 KPW (High: 297.1768 / Low: 285.4877). On the other end, October was the most stable month, with a tight range of 2.7730 KPW (High: 285.1259 / Low: 282.3529).

February Spread (Volatile) ±11.6891
October Spread (Stable) ±2.7730

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 4.3274 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -4.3274

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 293.9839) against the same month in 2022 (average: 300.0600), the exchange rate shifted by -6.0761 (-2.02%).

2023 Avg (April) 293.9839
2022 Avg (April) 300.0600

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 295.0820 287.1729 291.1897
February 297.1768 285.4877 289.6216
March 295.5180 284.0909 288.3770
April 297.2750 287.0813 293.9839
May 296.8583 290.6038 293.4979
June 292.6353 289.1799 290.9352
July 297.0787 290.4397 293.4866
August 292.3074 289.0638 291.1576
September 291.0267 283.3753 286.8302
October 285.1259 282.3529 283.6714
November 290.5335 282.6189 287.5331
December 293.7097 287.4940 290.4439