2023 TND to SAR Historical Review

YEARLY HIGH

1.2390 SAR

YEARLY LOW

1.1767 SAR

YEARLY AVERAGE

1.2091 SAR

2023 TND to SAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TND to SAR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 1.2390. Conversely, the yearly low was recorded on October 4, dropping to 1.1767.

This high-to-low spread represents a total annual volatility of 0.0624 SAR. From a start-to-finish perspective, comparing the January average rate of 1.2153 to the December average rate of 1.2105, the exchange rate registered a net change of -0.39% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.2390 was down 5.89% compared to the 2022 peak of 1.3166, 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 6,195 SAR

2022 Average 6,101 SAR

Yearly Trough Low 5,883 SAR

Transaction Impact: A difference of 311.82 SAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.2296

1.1779

JanuMarcMayJulySeptNove

TND to SAR 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 1.2144, compared to 1.2038 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0106 points.

H1 Avg (Jan–Jun) 1.2144

H2 Avg (Jul–Dec) 1.2038

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0492 SAR (High: 1.2390 / Low: 1.1898). On the other end, October was the most stable month, with a tight range of 0.0121 SAR (High: 1.1888 / Low: 1.1767).

February Spread (Volatile) ±0.0492

October Spread (Stable) ±0.0121

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 0.0182 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0182

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 1.2072) against the same month in 2022 (average: 1.3030), the exchange rate shifted by -0.0957 (-7.35%).

2023 Avg (February) 1.2072

2022 Avg (February) 1.3030

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.2309	1.1993	1.2153
February	1.2390	1.1898	1.2072
March	1.2325	1.1852	1.2031
April	1.2390	1.1963	1.2253
May	1.2371	1.2108	1.2230
June	1.2195	1.2052	1.2124
July	1.2384	1.2104	1.2231
August	1.2186	1.2048	1.2135
September	1.2129	1.1809	1.1953
October	1.1888	1.1767	1.1822
November	1.2110	1.1780	1.1981
December	1.2268	1.1980	1.2105