2023 TND to LRD Historical Review

YEARLY HIGH

61.5077 LRD

YEARLY LOW

49.1297 LRD

YEARLY AVERAGE

56.2615 LRD

2023 TND to LRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TND to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 61.5077. Conversely, the yearly low was recorded on February 26, dropping to 49.1297.

This high-to-low spread represents a total annual volatility of 12.3780 LRD. From a start-to-finish perspective, comparing the January average rate of 50.2721 to the December average rate of 60.7448, the exchange rate registered a net change of 20.83% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 61.5077 was up 14.30% compared to the 2022 peak of 53.8124, 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 307,539 LRD

2022 Average 248,350 LRD

Yearly Trough Low 245,648 LRD

Transaction Impact: A difference of 61,890.18 LRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

61.7921

49.2249

JanuMarcMayJulySeptNove

TND to LRD 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 52.6526, compared to 59.8704 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 7.2179 points.

H1 Avg (Jan–Jun) 52.6526

H2 Avg (Jul–Dec) 59.8704

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 4.1065 LRD (High: 53.2753 / Low: 49.1688). On the other end, October was the most stable month, with a tight range of 0.6358 LRD (High: 59.2241 / Low: 58.5882).

March Spread (Volatile) ±4.1065

October Spread (Stable) ±0.6358

Growth Streaks & Declines

Trends

Between January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.8846 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.8846

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 60.7448) against the same month in 2022 (average: 48.6416), the exchange rate shifted by +12.1032 (+24.88%).

2023 Avg (December) 60.7448

2022 Avg (December) 48.6416

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	51.3934	49.2980	50.2721
February	51.8078	49.1297	50.3490
March	53.2753	49.1688	51.1041
April	54.5379	51.9936	53.2831
May	54.7619	54.0529	54.4531
June	58.2053	54.6871	56.4540
July	61.1487	58.1202	59.9113
August	60.6255	59.7398	60.2730
September	60.1455	58.7217	59.3884
October	59.2241	58.5882	58.9038
November	60.7054	58.8789	60.0013
December	61.5077	60.0703	60.7448