2023 TND to KRW Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 TND to KRW Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the TND to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 441.6402. Conversely, the yearly low was recorded on January 9, dropping to 395.5504.
This high-to-low spread represents a total annual volatility of 46.0897 KRW. From a start-to-finish perspective, comparing the January average rate of 401.9994 to the December average rate of 419.9750, the exchange rate registered a net change of 4.47% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 441.6402 was down 2.70% compared to the 2022 peak of 453.8919, 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 KRW 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 419.2423, compared to 422.5530 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.3107 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was April, with a trading range of 21.2744 KRW (High: 441.6402 / Low: 420.3658). On the other end, October was the most stable month, with a tight range of 5.6482 KRW (High: 428.6716 / Low: 423.0234).
Growth Streaks & Declines
TrendsBetween January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 14.2742 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (April 2023: 431.6689) against the same month in 2022 (average: 412.1109), the exchange rate shifted by +19.5579 (+4.75%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 409.3441 | 395.5504 | 401.9994 |
| February | 420.0687 | 402.9765 | 411.7612 |
| March | 428.5616 | 411.3944 | 418.1705 |
| April | 441.6402 | 420.3658 | 431.6689 |
| May | 441.0887 | 425.0946 | 433.0641 |
| June | 427.0738 | 408.2244 | 418.7899 |
| July | 426.9025 | 412.6318 | 419.0187 |
| August | 434.5666 | 417.7546 | 428.2000 |
| September | 430.7412 | 419.3837 | 425.0991 |
| October | 428.6716 | 423.0234 | 425.6060 |
| November | 424.7378 | 411.0583 | 417.4190 |
| December | 425.2579 | 414.0634 | 419.9750 |