YEARLY HIGH
0.8853 TND
YEARLY LOW
0.8008 TND
YEARLY AVERAGE
0.8410 TND

2024 ILS to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ILS to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on December 12, valuing the pair at 0.8853. Conversely, the yearly low was recorded on September 23, dropping to 0.8008.

This high-to-low spread represents a total annual volatility of 0.0845 TND. From a start-to-finish perspective, comparing the January average rate of 0.8369 to the December average rate of 0.8743, the exchange rate registered a net change of 4.48% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.8853 was down 3.72% compared to the 2023 peak of 0.9196, 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 4,427 TND
2023 Average 4,215 TND
Yearly Trough Low 4,004 TND
Transaction Impact: A difference of 422.67 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.8803
0.8090
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 0.8444, compared to 0.8375 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0070 points.

H1 Avg (Jan–Jun) 0.8444
H2 Avg (Jul–Dec) 0.8375

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0469 TND (High: 0.8710 / Low: 0.8242). On the other end, May was the most stable month, with a tight range of 0.0165 TND (High: 0.8525 / Low: 0.8360).

November Spread (Volatile) ±0.0469
May Spread (Stable) ±0.0165

Growth Streaks & Declines

Trends

Between September and December, 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 July and August, when the average rate fell by 0.0229 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0229

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.8743) against the same month in 2023 (average: 0.8458), the exchange rate shifted by +0.0285 (+3.37%).

2024 Avg (December) 0.8743
2023 Avg (December) 0.8458

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8568 0.8200 0.8369
February 0.8736 0.8470 0.8585
March 0.8763 0.8419 0.8558
April 0.8496 0.8229 0.8345
May 0.8525 0.8360 0.8439
June 0.8455 0.8243 0.8371
July 0.8657 0.8238 0.8478
August 0.8400 0.8063 0.8249
September 0.8404 0.8008 0.8150
October 0.8367 0.8041 0.8194
November 0.8710 0.8242 0.8435
December 0.8853 0.8641 0.8743