2023 ILS to TND Historical Review

YEARLY HIGH

0.9196 TND

YEARLY LOW

0.7780 TND

YEARLY AVERAGE

0.8431 TND

2023 ILS to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ILS to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on January 23, valuing the pair at 0.9196. Conversely, the yearly low was recorded on October 24, dropping to 0.7780.

This high-to-low spread represents a total annual volatility of 0.1416 TND. From a start-to-finish perspective, comparing the January average rate of 0.8976 to the December average rate of 0.8458, the exchange rate registered a net change of -5.77% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.9196 was down 6.62% compared to the 2022 peak of 0.9847, 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 4,598 TND

2022 Average 4,589 TND

Yearly Trough Low 3,890 TND

Transaction Impact: A difference of 707.94 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.9076

0.7878

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 0.8610, compared to 0.8252 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0357 points.

H1 Avg (Jan–Jun) 0.8610

H2 Avg (Jul–Dec) 0.8252

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 0.0505 TND (High: 0.8285 / Low: 0.7780). On the other end, December was the most stable month, with a tight range of 0.0193 TND (High: 0.8550 / Low: 0.8358).

October Spread (Volatile) ±0.0505

December Spread (Stable) ±0.0193

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 September and October, when the average rate fell by 0.0244 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0244

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.8976) against the same month in 2022 (average: 0.9202), the exchange rate shifted by -0.0226 (-2.46%).

2023 Avg (January) 0.8976

2022 Avg (January) 0.9202

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9196	0.8800	0.8976
February	0.8968	0.8534	0.8772
March	0.8822	0.8467	0.8633
April	0.8589	0.8273	0.8424
May	0.8482	0.8275	0.8355
June	0.8725	0.8244	0.8498
July	0.8477	0.8172	0.8366
August	0.8488	0.8131	0.8256
September	0.8307	0.8111	0.8222
October	0.8285	0.7780	0.7978
November	0.8409	0.7933	0.8234
December	0.8550	0.8358	0.8458