2023 TND to NPR Historical Review

YEARLY HIGH

43.6602 NPR

YEARLY LOW

41.4376 NPR

YEARLY AVERAGE

42.5647 NPR

2023 TND to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TND to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 43.6602. Conversely, the yearly low was recorded on March 8, dropping to 41.4376.

This high-to-low spread represents a total annual volatility of 2.2226 NPR. From a start-to-finish perspective, comparing the January average rate of 42.3564 to the December average rate of 43.0222, the exchange rate registered a net change of 1.57% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 43.6602 was up 2.80% compared to the 2022 peak of 42.4723, 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 218,301 NPR

2022 Average 204,024 NPR

Yearly Trough Low 207,188 NPR

Transaction Impact: A difference of 11,112.95 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

43.1311

41.8240

JanuMarcMayJulySeptNove

TND to NPR 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 42.5448, compared to 42.5846 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0398 points.

H1 Avg (Jan–Jun) 42.5448

H2 Avg (Jul–Dec) 42.5846

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 1.7257 NPR (High: 43.1633 / Low: 41.4376). On the other end, October was the most stable month, with a tight range of 0.4648 NPR (High: 42.1845 / Low: 41.7198).

March Spread (Volatile) ±1.7257

October Spread (Stable) ±0.4648

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 0.5359 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.5359

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 43.0222) against the same month in 2022 (average: 41.6183), the exchange rate shifted by +1.4039 (+3.37%).

2023 Avg (December) 43.0222

2022 Avg (December) 41.6183

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	43.0145	42.0454	42.3564
February	43.4651	41.9660	42.5248
March	43.1633	41.4376	42.1461
April	43.2947	41.7995	42.8006
May	43.2210	42.6640	42.9319
June	42.7824	42.1710	42.5090
July	43.3766	42.2844	42.8357
August	43.2184	42.5150	42.8628
September	43.0417	41.9180	42.3269
October	42.1845	41.7198	41.9330
November	43.0745	41.7216	42.5271
December	43.6602	42.6114	43.0222