2023 TND to KWD Historical Review

YEARLY HIGH

0.1013 KWD

YEARLY LOW

0.0967 KWD

YEARLY AVERAGE

0.0990 KWD

2023 TND to KWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TND to KWD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 21, valuing the pair at 0.1013. Conversely, the yearly low was recorded on March 18, dropping to 0.0967.

This high-to-low spread represents a total annual volatility of 0.0046 KWD. From a start-to-finish perspective, comparing the January average rate of 0.0989 to the December average rate of 0.0994, the exchange rate registered a net change of 0.50% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1013 was down 4.48% compared to the 2022 peak of 0.1061, 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 507 KWD

2022 Average 498 KWD

Yearly Trough Low 484 KWD

Transaction Impact: A difference of 23.09 KWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1003

0.0972

JanuMarcMayJulySeptNove

TND to KWD 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 0.0992, compared to 0.0989 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0992

H2 Avg (Jul–Dec) 0.0989

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0040 KWD (High: 0.1007 / Low: 0.0967). On the other end, October was the most stable month, with a tight range of 0.0009 KWD (High: 0.0980 / Low: 0.0970).

March Spread (Volatile) ±0.0040

October Spread (Stable) ±0.0009

Growth Streaks & Declines

Trends

Between March and May, 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 0.0012 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.1000) against the same month in 2022 (average: 0.0990), the exchange rate shifted by +0.0011 (+1.09%).

2023 Avg (July) 0.1000

2022 Avg (July) 0.0990

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1001	0.0976	0.0989
February	0.1007	0.0972	0.0985
March	0.1007	0.0967	0.0982
April	0.1012	0.0977	0.1001
May	0.1011	0.0992	0.1001
June	0.0999	0.0987	0.0993
July	0.1013	0.0991	0.1000
August	0.1003	0.0990	0.0996
September	0.0998	0.0973	0.0984
October	0.0980	0.0970	0.0975
November	0.0997	0.0969	0.0985
December	0.1005	0.0985	0.0994