YEARLY HIGH
2.9048 SVC
YEARLY LOW
2.7415 SVC
YEARLY AVERAGE
2.8188 SVC

2023 TND to SVC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TND to SVC exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 2.9048. Conversely, the yearly low was recorded on November 5, dropping to 2.7415.

This high-to-low spread represents a total annual volatility of 0.1634 SVC. From a start-to-finish perspective, comparing the January average rate of 2.8311 to the December average rate of 2.8267, the exchange rate registered a net change of -0.15% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.9048 was down 5.41% compared to the 2022 peak of 3.0709, 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 14,524 SVC
2022 Average 14,219 SVC
Yearly Trough Low 13,707 SVC
Transaction Impact: A difference of 816.80 SVC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.8650
2.7460
JanuMarcMayJulySeptNove

TND to SVC 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 2.8303, compared to 2.8072 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0231 points.

H1 Avg (Jan–Jun) 2.8303
H2 Avg (Jul–Dec) 2.8072

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.1302 SVC (High: 2.9048 / Low: 2.7747). On the other end, October was the most stable month, with a tight range of 0.0355 SVC (High: 2.7780 / Low: 2.7425).

February Spread (Volatile) ±0.1302
October Spread (Stable) ±0.0355

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 0.0426 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0426

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 2.8161) against the same month in 2022 (average: 3.0384), the exchange rate shifted by -0.2223 (-7.32%).

2023 Avg (February) 2.8161
2022 Avg (February) 3.0384

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.8703 2.7914 2.8311
February 2.9048 2.7747 2.8161
March 2.8735 2.7573 2.7994
April 2.8896 2.7920 2.8551
May 2.8862 2.8248 2.8521
June 2.8469 2.8064 2.8281
July 2.8891 2.8130 2.8500
August 2.8525 2.8102 2.8306
September 2.8338 2.7548 2.7880
October 2.7780 2.7425 2.7559
November 2.8251 2.7415 2.7921
December 2.8701 2.7955 2.8267