2023 TND to WST Historical Review

YEARLY HIGH

0.9138 WST

YEARLY LOW

0.8515 WST

YEARLY AVERAGE

0.8804 WST

2023 TND to WST Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TND to WST exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.9138. Conversely, the yearly low was recorded on March 8, dropping to 0.8515.

This high-to-low spread represents a total annual volatility of 0.0623 WST. From a start-to-finish perspective, comparing the January average rate of 0.8728 to the December average rate of 0.9036, the exchange rate registered a net change of 3.53% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.9138 was down 0.55% compared to the 2022 peak of 0.9188, 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 4,569 WST

2022 Average 4,343 WST

Yearly Trough Low 4,257 WST

Transaction Impact: A difference of 311.32 WST purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.9075

0.8607

JanuMarcMayJulySeptNove

TND to WST 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 0.8776, compared to 0.8832 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0056 points.

H1 Avg (Jan–Jun) 0.8776

H2 Avg (Jul–Dec) 0.8832

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0426 WST (High: 0.8940 / Low: 0.8515). On the other end, August was the most stable month, with a tight range of 0.0098 WST (High: 0.8829 / Low: 0.8731).

March Spread (Volatile) ±0.0426

August Spread (Stable) ±0.0098

Growth Streaks & Declines

Trends

Between September and December, 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 August and September, when the average rate fell by 0.0131 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0131

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.9036) against the same month in 2022 (average: 0.8519), the exchange rate shifted by +0.0517 (+6.07%).

2023 Avg (December) 0.9036

2022 Avg (December) 0.8519

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8844	0.8607	0.8728
February	0.8907	0.8557	0.8681
March	0.8940	0.8515	0.8646
April	0.9003	0.8694	0.8903
May	0.8990	0.8800	0.8888
June	0.8862	0.8757	0.8811
July	0.8997	0.8796	0.8885
August	0.8829	0.8731	0.8795
September	0.8791	0.8560	0.8664
October	0.8868	0.8529	0.8668
November	0.9039	0.8793	0.8945
December	0.9138	0.8944	0.9036