2023 TND to STD Historical Review

YEARLY HIGH

7538.8903 STD

YEARLY LOW

6990.3686 STD

YEARLY AVERAGE

7281.7674 STD

2023 TND to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TND to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 13, valuing the pair at 7538.8903. Conversely, the yearly low was recorded on October 4, dropping to 6990.3686.

This high-to-low spread represents a total annual volatility of 548.5217 STD. From a start-to-finish perspective, comparing the January average rate of 7384.5689 to the December average rate of 7190.6806, the exchange rate registered a net change of -2.63% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 7538.8903 was down 1.34% compared to the 2022 peak of 7640.9920, 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 37,694,452 STD

2022 Average 35,988,783 STD

Yearly Trough Low 34,951,843 STD

Transaction Impact: A difference of 2,742,608.56 STD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

7498.6697

6979.7681

JanuMarcMayJulySeptNove

TND to STD 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 7386.5422, compared to 7176.9926 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 209.5496 points.

H1 Avg (Jan–Jun) 7386.5422

H2 Avg (Jul–Dec) 7176.9926

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 300.7369 STD (High: 7533.9134 / Low: 7233.1764). On the other end, October was the most stable month, with a tight range of 68.6524 STD (High: 7059.0211 / Low: 6990.3686).

July Spread (Volatile) ±300.7369

October Spread (Stable) ±68.6524

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 July and August, when the average rate fell by 211.7333 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -211.7333

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 7455.4279) against the same month in 2022 (average: 7209.6987), the exchange rate shifted by +245.7292 (+3.41%).

2023 Avg (April) 7455.4279

2022 Avg (April) 7209.6987

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	7483.2756	7282.7028	7384.5689
February	7536.4010	7239.9653	7344.8007
March	7494.3328	7204.5425	7313.2381
April	7538.8903	7280.3797	7455.4279
May	7528.3221	7369.7096	7443.1048
June	7421.2292	7333.5980	7378.1126
July	7533.9134	7233.1764	7420.0834
August	7236.8177	7156.5120	7208.3502
September	7205.1091	7015.6801	7101.2142
October	7059.0211	6990.3686	7023.0099
November	7192.8981	6996.9540	7118.6173
December	7271.5346	7117.6489	7190.6806