2023 WST to TND Historical Review

YEARLY HIGH

1.1744 TND

YEARLY LOW

1.0944 TND

YEARLY AVERAGE

1.1362 TND

2023 WST to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the WST to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on March 8, valuing the pair at 1.1744. Conversely, the yearly low was recorded on December 31, dropping to 1.0944.

This high-to-low spread represents a total annual volatility of 0.0800 TND. From a start-to-finish perspective, comparing the January average rate of 1.1458 to the December average rate of 1.1068, the exchange rate registered a net change of -3.41% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.1744 was down 2.98% compared to the 2022 peak of 1.2104, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 WST based on timing:

Yearly Peak High 5,872 TND

2022 Average 5,760 TND

Yearly Trough Low 5,472 TND

Transaction Impact: A difference of 400.12 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.1616

1.1018

JanuMarcMayJulySeptNove

WST to TND 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 1.1397, compared to 1.1326 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0071 points.

H1 Avg (Jan–Jun) 1.1397

H2 Avg (Jul–Dec) 1.1326

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0559 TND (High: 1.1744 / Low: 1.1185). On the other end, August was the most stable month, with a tight range of 0.0127 TND (High: 1.1453 / Low: 1.1326).

March Spread (Volatile) ±0.0559

August Spread (Stable) ±0.0127

Growth Streaks & Declines

Trends

Between January and March, 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 October and November, when the average rate fell by 0.0360 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0360

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 1.1567) against the same month in 2022 (average: 1.1274), the exchange rate shifted by +0.0293 (+2.60%).

2023 Avg (March) 1.1567

2022 Avg (March) 1.1274

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.1618	1.1307	1.1458
February	1.1687	1.1227	1.1521
March	1.1744	1.1185	1.1567
April	1.1502	1.1108	1.1234
May	1.1363	1.1124	1.1252
June	1.1419	1.1284	1.1350
July	1.1369	1.1115	1.1256
August	1.1453	1.1326	1.1371
September	1.1683	1.1376	1.1543
October	1.1725	1.1277	1.1539
November	1.1373	1.1063	1.1180
December	1.1180	1.0944	1.1068