YEARLY HIGH
39.2994 VUV
YEARLY LOW
37.2461 VUV
YEARLY AVERAGE
38.2361 VUV

2023 TND to VUV Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TND to VUV exchange rate experienced significant fluctuation. The market reached its absolute peak on April 13, valuing the pair at 39.2994. Conversely, the yearly low was recorded on October 4, dropping to 37.2461.

This high-to-low spread represents a total annual volatility of 2.0533 VUV. From a start-to-finish perspective, comparing the January average rate of 38.1924 to the December average rate of 38.3134, the exchange rate registered a net change of 0.32% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 39.2994 was down 1.66% compared to the 2022 peak of 39.9629, 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 196,497 VUV
2022 Average 189,729 VUV
Yearly Trough Low 186,231 VUV
Transaction Impact: A difference of 10,266.52 VUV purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

39.0088
37.2756
JanuMarcMayJulySeptNove

TND to VUV 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 38.3564, compared to 38.1158 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2406 points.

H1 Avg (Jan–Jun) 38.3564
H2 Avg (Jul–Dec) 38.1158

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 1.7673 VUV (High: 39.0287 / Low: 37.2614). On the other end, October was the most stable month, with a tight range of 0.3658 VUV (High: 37.6119 / Low: 37.2461).

March Spread (Volatile) ±1.7673
October Spread (Stable) ±0.3658

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 0.5708 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.5708

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 38.8643) against the same month in 2022 (average: 37.5252), the exchange rate shifted by +1.3392 (+3.57%).

2023 Avg (April) 38.8643
2022 Avg (April) 37.5252

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 38.7030 37.6656 38.1924
February 38.9777 37.4446 37.9868
March 39.0287 37.2614 37.8334
April 39.2994 37.9518 38.8643
May 39.2443 38.4175 38.8001
June 38.6861 38.2293 38.4613
July 39.2735 38.3958 38.7878
August 38.5592 38.1314 38.4076
September 38.3903 37.3810 37.8367
October 37.6119 37.2461 37.4200
November 38.3252 37.2812 37.9295
December 38.7442 37.9243 38.3134