2023 TND to TWD Historical Review

YEARLY HIGH

10.3636 TWD

YEARLY LOW

9.6370 TWD

YEARLY AVERAGE

10.0354 TWD

2023 TND to TWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TND to TWD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 13, valuing the pair at 10.3636. Conversely, the yearly low was recorded on February 23, dropping to 9.6370.

This high-to-low spread represents a total annual volatility of 0.7266 TWD. From a start-to-finish perspective, comparing the January average rate of 9.8326 to the December average rate of 10.0725, the exchange rate registered a net change of 2.44% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 10.3636 was up 1.43% compared to the 2022 peak of 10.2171, 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 51,818 TWD

2022 Average 48,310 TWD

Yearly Trough Low 48,185 TWD

Transaction Impact: A difference of 3,632.90 TWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

10.3485

9.6863

JanuMarcMayJulySeptNove

TND to TWD 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 9.8865, compared to 10.1843 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2978 points.

H1 Avg (Jan–Jun) 9.8865

H2 Avg (Jul–Dec) 10.1843

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.4212 TWD (High: 10.1520 / Low: 9.7309). On the other end, October was the most stable month, with a tight range of 0.1156 TWD (High: 10.2322 / Low: 10.1166).

April Spread (Volatile) ±0.4212

October Spread (Stable) ±0.1156

Growth Streaks & Declines

Trends

Between February and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.1162 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.1162

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 10.2933) against the same month in 2022 (average: 9.5152), the exchange rate shifted by +0.7781 (+8.18%).

2023 Avg (August) 10.2933

2022 Avg (August) 9.5152

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	9.9072	9.7246	9.8326
February	9.8614	9.6370	9.7415
March	10.0181	9.6775	9.7895
April	10.1520	9.7309	9.9822
May	10.1232	9.8872	10.0124
June	10.0775	9.8531	9.9610
July	10.3438	10.0561	10.1701
August	10.3636	10.2363	10.2933
September	10.3216	10.1010	10.2059
October	10.2322	10.1166	10.1753
November	10.2993	10.0815	10.1888
December	10.2381	9.9878	10.0725