2023 TND to NZD Historical Review

YEARLY HIGH

0.5496 NZD

YEARLY LOW

0.4979 NZD

YEARLY AVERAGE

0.5250 NZD

2023 TND to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TND to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 5, valuing the pair at 0.5496. Conversely, the yearly low was recorded on January 23, dropping to 0.4979.

This high-to-low spread represents a total annual volatility of 0.0516 NZD. From a start-to-finish perspective, comparing the January average rate of 0.5051 to the December average rate of 0.5181, the exchange rate registered a net change of 2.57% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.5496 was down 1.33% compared to the 2022 peak of 0.5570, 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 2,748 NZD

2022 Average 2,558 NZD

Yearly Trough Low 2,490 NZD

Transaction Impact: A difference of 258.10 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.5438

0.5016

JanuMarcMayJulySeptNove

TND to NZD 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 0.5187, compared to 0.5313 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0126 points.

H1 Avg (Jan–Jun) 0.5187

H2 Avg (Jul–Dec) 0.5313

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0225 NZD (High: 0.5372 / Low: 0.5146). On the other end, December was the most stable month, with a tight range of 0.0119 NZD (High: 0.5253 / Low: 0.5133).

May Spread (Volatile) ±0.0225

December Spread (Stable) ±0.0119

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0146 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0146

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 0.5376) against the same month in 2022 (average: 0.5223), the exchange rate shifted by +0.0153 (+2.93%).

2023 Avg (September) 0.5376

2022 Avg (September) 0.5223

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5139	0.4979	0.5051
February	0.5201	0.5053	0.5124
March	0.5264	0.5095	0.5162
April	0.5357	0.5161	0.5260
May	0.5372	0.5146	0.5254
June	0.5340	0.5205	0.5269
July	0.5341	0.5121	0.5240
August	0.5479	0.5277	0.5403
September	0.5496	0.5280	0.5376
October	0.5435	0.5220	0.5347
November	0.5399	0.5236	0.5327
December	0.5253	0.5133	0.5181