YEARLY HIGH
1.1794 TND
YEARLY LOW
1.1202 TND
YEARLY AVERAGE
1.1483 TND

2023 XCD to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the XCD to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on October 4, valuing the pair at 1.1794. Conversely, the yearly low was recorded on April 13, dropping to 1.1202.

This high-to-low spread represents a total annual volatility of 0.0592 TND. From a start-to-finish perspective, comparing the January average rate of 1.1437 to the December average rate of 1.1467, the exchange rate registered a net change of 0.26% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.1794 was down 3.99% compared to the 2022 peak of 1.2285, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,897 TND
2022 Average 5,703 TND
Yearly Trough Low 5,601 TND
Transaction Impact: A difference of 296.02 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.1781
1.1288
JanuMarcMayJulySeptNove

XCD 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 1.1435, compared to 1.1531 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0096 points.

H1 Avg (Jan–Jun) 1.1435
H2 Avg (Jul–Dec) 1.1531

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0459 TND (High: 1.1665 / Low: 1.1206). On the other end, October was the most stable month, with a tight range of 0.0115 TND (High: 1.1794 / Low: 1.1680).

February Spread (Volatile) ±0.0459
October Spread (Stable) ±0.0115

Growth Streaks & Declines

Trends

Between July and October, 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 March and April, when the average rate fell by 0.0219 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0219

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 1.1740) against the same month in 2022 (average: 1.2040), the exchange rate shifted by -0.0301 (-2.50%).

2023 Avg (October) 1.1740
2022 Avg (October) 1.2040

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.1596 1.1286 1.1437
February 1.1665 1.1206 1.1500
March 1.1722 1.1269 1.1549
April 1.1600 1.1202 1.1329
May 1.1460 1.1218 1.1347
June 1.1516 1.1380 1.1447
July 1.1466 1.1210 1.1348
August 1.1521 1.1393 1.1438
September 1.1752 1.1443 1.1611
October 1.1794 1.1680 1.1740
November 1.1783 1.1462 1.1583
December 1.1584 1.1338 1.1467