2023 TND to MMK Historical Review

YEARLY HIGH

697.1663 MMK

YEARLY LOW

657.9738 MMK

YEARLY AVERAGE

676.5118 MMK

2023 TND to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TND to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 697.1663. Conversely, the yearly low was recorded on November 5, dropping to 657.9738.

This high-to-low spread represents a total annual volatility of 39.1925 MMK. From a start-to-finish perspective, comparing the January average rate of 679.4517 to the December average rate of 678.4080, the exchange rate registered a net change of -0.15% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 697.1663 was up 2.16% compared to the 2022 peak of 682.4544, 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 3,485,832 MMK

2022 Average 3,126,019 MMK

Yearly Trough Low 3,289,869 MMK

Transaction Impact: A difference of 195,962.56 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

687.6399

659.0447

JanuMarcMayJulySeptNove

TND to MMK 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 679.2865, compared to 673.7371 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 5.5494 points.

H1 Avg (Jan–Jun) 679.2865

H2 Avg (Jul–Dec) 673.7371

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 31.1940 MMK (High: 697.1663 / Low: 665.9723). On the other end, October was the most stable month, with a tight range of 8.5464 MMK (High: 666.7107 / Low: 658.1643).

February Spread (Volatile) ±31.1940

October Spread (Stable) ±8.5464

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 10.2249 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -10.2249

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 675.8713) against the same month in 2022 (average: 617.4217), the exchange rate shifted by +58.4496 (+9.47%).

2023 Avg (February) 675.8713

2022 Avg (February) 617.4217

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	688.8637	669.9252	679.4517
February	697.1663	665.9723	675.8713
March	689.6414	661.7425	671.8958
April	693.5576	670.0527	685.2570
May	692.6550	677.9367	684.5104
June	683.2815	673.5412	678.7328
July	693.4025	675.1074	683.9899
August	684.6136	674.4198	679.3546
September	680.1109	661.2249	669.1296
October	666.7107	658.1643	661.4277
November	677.9619	657.9738	670.1131
December	688.8315	670.9205	678.4080