2016 ILS to TND Historical Review

YEARLY HIGH

0.6078 TND

YEARLY LOW

0.5120 TND

YEARLY AVERAGE

0.5591 TND

2016 ILS to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ILS to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 0.6078. Conversely, the yearly low was recorded on January 17, dropping to 0.5120.

This high-to-low spread represents a total annual volatility of 0.0958 TND. From a start-to-finish perspective, comparing the January average rate of 0.5175 to the December average rate of 0.6029, the exchange rate registered a net change of 16.50% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.6078 was up 14.12% compared to the 2015 peak of 0.5326, 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 3,039 TND

2015 Average 2,525 TND

Yearly Trough Low 2,560 TND

Transaction Impact: A difference of 479.16 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.6114

0.5089

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 0.5316, compared to 0.5866 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0549 points.

H1 Avg (Jan–Jun) 0.5316

H2 Avg (Jul–Dec) 0.5866

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 0.0196 TND (High: 0.5477 / Low: 0.5281). On the other end, September was the most stable month, with a tight range of 0.0053 TND (High: 0.5873 / Low: 0.5820).

May Spread (Volatile) ±0.0196

September Spread (Stable) ±0.0053

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 0.6029) against the same month in 2015 (average: 0.5232), the exchange rate shifted by +0.0797 (+15.23%).

2016 Avg (December) 0.6029

2015 Avg (December) 0.5232

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5247	0.5120	0.5175
February	0.5240	0.5128	0.5180
March	0.5356	0.5182	0.5241
April	0.5377	0.5275	0.5337
May	0.5477	0.5281	0.5379
June	0.5686	0.5496	0.5588
July	0.5820	0.5665	0.5740
August	0.5846	0.5770	0.5801
September	0.5873	0.5820	0.5854
October	0.5882	0.5819	0.5855
November	0.6006	0.5849	0.5917
December	0.6078	0.5972	0.6029