2013 ILS to TND Historical Review

YEARLY HIGH

0.4780 TND

YEARLY LOW

0.4131 TND

YEARLY AVERAGE

0.4505 TND

2013 ILS to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the ILS to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on December 15, valuing the pair at 0.4780. Conversely, the yearly low was recorded on January 30, dropping to 0.4131.

This high-to-low spread represents a total annual volatility of 0.0649 TND. From a start-to-finish perspective, comparing the January average rate of 0.4162 to the December average rate of 0.4740, the exchange rate registered a net change of 13.89% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2013 high of 0.4780 was up 14.67% compared to the 2012 peak of 0.4168, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,390 TND

2012 Average 2,027 TND

Yearly Trough Low 2,066 TND

Transaction Impact: A difference of 324.30 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

0.4797

0.4104

JanuMarcMayJulySeptNove

ILS 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 0.4354, compared to 0.4655 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0301 points.

H1 Avg (Jan–Jun) 0.4354

H2 Avg (Jul–Dec) 0.4655

Volatility Range Comparison

Volatility

The most volatile month in 2013 was May, with a trading range of 0.0199 TND (High: 0.4652 / Low: 0.4453). On the other end, October was the most stable month, with a tight range of 0.0052 TND (High: 0.4663 / Low: 0.4611).

May Spread (Volatile) ±0.0199

October Spread (Stable) ±0.0052

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0033 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0033

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2013: 0.4740) against the same month in 2012 (average: 0.4132), the exchange rate shifted by +0.0608 (+14.72%).

2013 Avg (December) 0.4740

2012 Avg (December) 0.4132

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4188	0.4131	0.4162
February	0.4253	0.4168	0.4217
March	0.4388	0.4243	0.4302
April	0.4480	0.4367	0.4414
May	0.4652	0.4453	0.4532
June	0.4561	0.4449	0.4498
July	0.4643	0.4539	0.4612
August	0.4660	0.4493	0.4606
September	0.4676	0.4542	0.4622
October	0.4663	0.4611	0.4638
November	0.4731	0.4673	0.4713
December	0.4780	0.4703	0.4740