YEARLY HIGH
6843.2732 SLL
YEARLY LOW
5576.0732 SLL
YEARLY AVERAGE
6145.2809 SLL

2023 TND to SLL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TND to SLL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 6843.2732. Conversely, the yearly low was recorded on March 8, dropping to 5576.0732.

This high-to-low spread represents a total annual volatility of 1267.2000 SLL. From a start-to-finish perspective, comparing the January average rate of 5715.4076 to the December average rate of 6767.1811, the exchange rate registered a net change of 18.40% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 6843.2732 was up 20.96% compared to the 2022 peak of 5657.3259, 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 34,216,366 SLL
2022 Average 22,191,543 SLL
Yearly Trough Low 27,880,366 SLL
Transaction Impact: A difference of 6,336,000.00 SLL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

6896.1711
5547.8390
JanuMarcMayJulySeptNove

TND to SLL 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 5716.9349, compared to 6573.6269 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 856.6920 points.

H1 Avg (Jan–Jun) 5716.9349
H2 Avg (Jul–Dec) 6573.6269

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 1115.3389 SLL (High: 6816.0247 / Low: 5700.6858). On the other end, October was the most stable month, with a tight range of 64.6091 SLL (High: 6643.2758 / Low: 6578.6667).

July Spread (Volatile) ±1115.3389
October Spread (Stable) ±64.6091

Growth Streaks & Declines

Trends

Between June and August, 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 100.8261 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -100.8261

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 6767.1811) against the same month in 2022 (average: 5572.2019), the exchange rate shifted by +1194.9792 (+21.45%).

2023 Avg (December) 6767.1811
2022 Avg (December) 5572.2019

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 5791.8033 5636.5667 5715.4076
February 5832.9206 5603.4893 5684.6284
March 5800.3612 5576.0732 5660.2000
April 5834.8472 5634.7687 5770.2501
May 5826.6678 5703.9070 5760.7124
June 5743.7815 5675.9579 5710.4107
July 6816.0247 5700.6858 5899.0390
August 6810.6010 6735.0249 6783.8101
September 6780.7599 6602.4874 6682.9839
October 6643.2758 6578.6667 6609.3855
November 6769.2680 6584.8642 6699.3620
December 6843.2732 6698.4507 6767.1811