2023 TND to UZS Historical Review

YEARLY HIGH

4054.2449 UZS

YEARLY LOW

3584.4532 UZS

YEARLY AVERAGE

3781.8051 UZS

2023 TND to UZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TND to UZS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 17, valuing the pair at 4054.2449. Conversely, the yearly low was recorded on March 18, dropping to 3584.4532.

This high-to-low spread represents a total annual volatility of 469.7917 UZS. From a start-to-finish perspective, comparing the January average rate of 3657.2501 to the December average rate of 3986.8547, the exchange rate registered a net change of 9.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 4054.2449 was up 3.67% compared to the 2022 peak of 3910.6809, 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 20,271,224 UZS

2022 Average 17,954,970 UZS

Yearly Trough Low 17,922,266 UZS

Transaction Impact: A difference of 2,348,958.47 UZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

4020.8385

3613.0335

JanuMarcMayJulySeptNove

TND to UZS 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 3686.1593, compared to 3877.4509 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 191.2917 points.

H1 Avg (Jan–Jun) 3686.1593

H2 Avg (Jul–Dec) 3877.4509

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 185.9278 UZS (High: 3936.6362 / Low: 3750.7085). On the other end, October was the most stable month, with a tight range of 43.6966 UZS (High: 3871.9122 / Low: 3828.2156).

August Spread (Volatile) ±185.9278

October Spread (Stable) ±43.6966

Growth Streaks & Declines

Trends

Between June and September, 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 September and October, when the average rate fell by 27.1438 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -27.1438

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 3986.8547) against the same month in 2022 (average: 3549.5632), the exchange rate shifted by +437.2915 (+12.32%).

2023 Avg (December) 3986.8547

2022 Avg (December) 3549.5632

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	3718.1725	3600.0866	3657.2501
February	3749.0094	3588.9705	3648.5690
March	3755.0285	3584.4532	3647.0173
April	3772.0967	3650.2522	3725.6876
May	3775.0474	3686.7764	3731.3670
June	3739.0954	3672.2387	3707.0645
July	3835.4041	3713.0829	3774.4292
August	3936.6362	3750.7085	3855.2245
September	3928.5440	3839.8177	3877.2449
October	3871.9122	3828.2156	3850.1011
November	3978.6942	3837.0516	3920.8512
December	4054.2449	3930.0754	3986.8547