2023 TND to SRD Historical Review

YEARLY HIGH

12.6948 SRD

YEARLY LOW

10.1000 SRD

YEARLY AVERAGE

11.7922 SRD

2023 TND to SRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TND to SRD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 19, valuing the pair at 12.6948. Conversely, the yearly low was recorded on January 8, dropping to 10.1000.

This high-to-low spread represents a total annual volatility of 2.5948 SRD. From a start-to-finish perspective, comparing the January average rate of 10.2940 to the December average rate of 12.0573, the exchange rate registered a net change of 17.13% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 12.6948 was up 24.49% compared to the 2022 peak of 10.1973, 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 63,474 SRD

2022 Average 39,169 SRD

Yearly Trough Low 50,500 SRD

Transaction Impact: A difference of 12,974.09 SRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

12.5995

10.0845

JanuMarcMayJulySeptNove

TND to SRD 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 11.3854, compared to 12.1991 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.8136 points.

H1 Avg (Jan–Jun) 11.3854

H2 Avg (Jul–Dec) 12.1991

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 1.1482 SRD (High: 11.8411 / Low: 10.6928). On the other end, October was the most stable month, with a tight range of 0.1779 SRD (High: 12.1408 / Low: 11.9629).

March Spread (Volatile) ±1.1482

October Spread (Stable) ±0.1779

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.1819 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.1819

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 12.3899) against the same month in 2022 (average: 7.3655), the exchange rate shifted by +5.0244 (+68.22%).

2023 Avg (July) 12.3899

2022 Avg (July) 7.3655

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10.5298	10.1000	10.2940
February	10.7639	10.3312	10.5563
March	11.8411	10.6928	11.0851
April	12.3102	11.7330	12.0123
May	12.4405	12.0439	12.1776
June	12.4252	11.9928	12.1872
July	12.6948	11.9994	12.3899
August	12.4938	12.2753	12.3815
September	12.4766	12.0323	12.2062
October	12.1408	11.9629	12.0243
November	12.2510	11.9330	12.1351
December	12.2957	11.9756	12.0573