2023 TND to SBD Historical Review

YEARLY HIGH

2.7642 SBD

YEARLY LOW

2.6030 SBD

YEARLY AVERAGE

2.6895 SBD

2023 TND to SBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TND to SBD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 17, valuing the pair at 2.7642. Conversely, the yearly low was recorded on March 8, dropping to 2.6030.

This high-to-low spread represents a total annual volatility of 0.1613 SBD. From a start-to-finish perspective, comparing the January average rate of 2.6739 to the December average rate of 2.7293, the exchange rate registered a net change of 2.07% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.7642 was down 2.58% compared to the 2022 peak of 2.8375, 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 13,821 SBD

2022 Average 13,220 SBD

Yearly Trough Low 13,015 SBD

Transaction Impact: A difference of 806.30 SBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.7386

2.6276

JanuMarcMayJulySeptNove

TND to SBD 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 2.6798, compared to 2.6992 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0194 points.

H1 Avg (Jan–Jun) 2.6798

H2 Avg (Jul–Dec) 2.6992

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.1142 SBD (High: 2.7508 / Low: 2.6366). On the other end, June was the most stable month, with a tight range of 0.0305 SBD (High: 2.7099 / Low: 2.6794).

April Spread (Volatile) ±0.1142

June Spread (Stable) ±0.0305

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 0.0304 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0304

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 2.7293) against the same month in 2022 (average: 2.5946), the exchange rate shifted by +0.1347 (+5.19%).

2023 Avg (December) 2.7293

2022 Avg (December) 2.5946

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.7032	2.6443	2.6739
February	2.7223	2.6127	2.6495
March	2.7060	2.6030	2.6369
April	2.7508	2.6366	2.7087
May	2.7375	2.6910	2.7154
June	2.7099	2.6794	2.6946
July	2.7601	2.6884	2.7280
August	2.7181	2.6866	2.7073
September	2.7064	2.6352	2.6770
October	2.6767	2.6407	2.6581
November	2.7359	2.6437	2.6954
December	2.7642	2.7011	2.7293