2023 TND to SYP Historical Review

YEARLY HIGH

829.9026 SYP

YEARLY LOW

788.2447 SYP

YEARLY AVERAGE

809.7624 SYP

2023 TND to SYP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TND to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on April 13, valuing the pair at 829.9026. Conversely, the yearly low was recorded on October 4, dropping to 788.2447.

This high-to-low spread represents a total annual volatility of 41.6579 SYP. From a start-to-finish perspective, comparing the January average rate of 812.9144 to the December average rate of 810.8322, the exchange rate registered a net change of -0.26% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 829.9026 was down 5.83% compared to the 2022 peak of 881.2489, 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 4,149,513 SYP

2022 Average 4,082,535 SYP

Yearly Trough Low 3,941,224 SYP

Transaction Impact: A difference of 208,289.27 SYP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

823.5937

789.0464

JanuMarcMayJulySeptNove

TND to SYP 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 813.1316, compared to 806.3931 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 6.7385 points.

H1 Avg (Jan–Jun) 813.1316

H2 Avg (Jul–Dec) 806.3931

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 32.6325 SYP (High: 829.6285 / Low: 796.9960). On the other end, October was the most stable month, with a tight range of 7.7414 SYP (High: 795.9861 / Low: 788.2447).

February Spread (Volatile) ±32.6325

October Spread (Stable) ±7.7414

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 12.0808 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -12.0808

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 820.7148) against the same month in 2022 (average: 837.6253), the exchange rate shifted by -16.9105 (-2.02%).

2023 Avg (April) 820.7148

2022 Avg (April) 837.6253

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	823.7803	801.7007	812.9144
February	829.6285	796.9960	808.5366
March	824.9975	793.0966	805.0621
April	829.9026	801.4450	820.7148
May	828.7392	811.2787	819.3582
June	816.9501	807.3034	812.2037
July	829.3547	810.8205	819.3264
August	816.0347	806.9793	812.8246
September	812.4592	791.0989	800.7438
October	795.9861	788.2447	791.9254
November	811.0822	788.9873	802.7062
December	819.9494	802.5970	810.8322