2023 TND to KZT Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 TND to KZT Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the TND to KZT exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 152.0644. Conversely, the yearly low was recorded on March 5, dropping to 137.5478.
This high-to-low spread represents a total annual volatility of 14.5166 KZT. From a start-to-finish perspective, comparing the January average rate of 149.6579 to the December average rate of 148.1777, the exchange rate registered a net change of -0.99% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 152.0644 was down 14.66% compared to the 2022 peak of 178.1809, 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 KZT 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 146.2598, compared to 147.8963 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.6365 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was March, with a trading range of 11.6477 KZT (High: 149.1955 / Low: 137.5478). On the other end, November was the most stable month, with a tight range of 3.3372 KZT (High: 149.0274 / Low: 145.6903).
Growth Streaks & Declines
TrendsBetween June and October, 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 January and February, when the average rate fell by 4.3515 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2023: 145.3064) against the same month in 2022 (average: 151.4428), the exchange rate shifted by -6.1364 (-4.05%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 151.9009 | 147.5895 | 149.6579 |
| February | 152.0644 | 141.2295 | 145.3064 |
| March | 149.1955 | 137.5478 | 144.5927 |
| April | 150.5545 | 143.6511 | 147.5050 |
| May | 148.0958 | 142.7741 | 145.4786 |
| June | 147.3156 | 143.1308 | 145.0182 |
| July | 147.1734 | 143.2942 | 145.1429 |
| August | 150.4111 | 143.2871 | 146.6013 |
| September | 151.6835 | 147.9241 | 149.3277 |
| October | 151.6835 | 147.6659 | 150.1642 |
| November | 149.0274 | 145.6903 | 147.9642 |
| December | 150.5030 | 146.0354 | 148.1777 |