2023 TND to UAH Historical Review

YEARLY HIGH

12.4860 UAH

YEARLY LOW

11.3296 UAH

YEARLY AVERAGE

11.8596 UAH

2023 TND to UAH Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TND to UAH exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 12.4860. Conversely, the yearly low was recorded on November 5, dropping to 11.3296.

This high-to-low spread represents a total annual volatility of 1.1564 UAH. From a start-to-finish perspective, comparing the January average rate of 11.8933 to the December average rate of 12.0051, the exchange rate registered a net change of 0.94% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 12.4860 was up 4.03% compared to the 2022 peak of 12.0017, 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 62,430 UAH

2022 Average 52,812 UAH

Yearly Trough Low 56,648 UAH

Transaction Impact: A difference of 5,781.89 UAH purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

12.0854

11.4526

JanuMarcMayJulySeptNove

TND to UAH 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 11.9234, compared to 11.7958 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1276 points.

H1 Avg (Jan–Jun) 11.9234

H2 Avg (Jul–Dec) 11.7958

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.7681 UAH (High: 12.4860 / Low: 11.7179). On the other end, June was the most stable month, with a tight range of 0.1690 UAH (High: 12.0152 / Low: 11.8462).

December Spread (Volatile) ±0.7681

June Spread (Stable) ±0.1690

Growth Streaks & Declines

Trends

Between March and May, 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 September and October, when the average rate fell by 0.2607 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.2607

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 12.0051) against the same month in 2022 (average: 11.6272), the exchange rate shifted by +0.3779 (+3.25%).

2023 Avg (December) 12.0051

2022 Avg (December) 11.6272

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	12.0535	11.7240	11.8933
February	12.2615	11.6554	11.8445
March	12.1237	11.6381	11.8056
April	12.1837	11.7265	12.0262
May	12.1835	11.8641	12.0327
June	12.0152	11.8462	11.9380
July	12.1952	11.8733	12.0143
August	12.0401	11.8627	11.9430
September	11.9615	11.6293	11.7659
October	11.7253	11.4125	11.5053
November	11.7429	11.3296	11.5412
December	12.4860	11.7179	12.0051