YEARLY HIGH
0.8927 XCD
YEARLY LOW
0.8479 XCD
YEARLY AVERAGE
0.8710 XCD

2023 TND to XCD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TND to XCD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 13, valuing the pair at 0.8927. Conversely, the yearly low was recorded on October 4, dropping to 0.8479.

This high-to-low spread represents a total annual volatility of 0.0448 XCD. From a start-to-finish perspective, comparing the January average rate of 0.8744 to the December average rate of 0.8722, the exchange rate registered a net change of -0.26% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.8927 was down 5.85% compared to the 2022 peak of 0.9481, 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 4,463 XCD
2022 Average 4,392 XCD
Yearly Trough Low 4,239 XCD
Transaction Impact: A difference of 224.04 XCD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.8859
0.8487
JanuMarcMayJulySeptNove

TND to XCD 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 0.8746, compared to 0.8674 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0072 points.

H1 Avg (Jan–Jun) 0.8746
H2 Avg (Jul–Dec) 0.8674

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0351 XCD (High: 0.8924 / Low: 0.8573). On the other end, October was the most stable month, with a tight range of 0.0083 XCD (High: 0.8562 / Low: 0.8479).

February Spread (Volatile) ±0.0351
October Spread (Stable) ±0.0083

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 0.0130 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0130

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 0.8828) against the same month in 2022 (average: 0.9010), the exchange rate shifted by -0.0182 (-2.02%).

2023 Avg (April) 0.8828
2022 Avg (April) 0.9010

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8861 0.8623 0.8744
February 0.8924 0.8573 0.8697
March 0.8874 0.8531 0.8659
April 0.8927 0.8621 0.8828
May 0.8914 0.8726 0.8813
June 0.8787 0.8684 0.8736
July 0.8921 0.8721 0.8813
August 0.8778 0.8680 0.8743
September 0.8739 0.8509 0.8613
October 0.8562 0.8479 0.8518
November 0.8724 0.8487 0.8634
December 0.8820 0.8633 0.8722