2017 TND to ILS Historical Review

YEARLY HIGH

1.6763 ILS

YEARLY LOW

1.3864 ILS

YEARLY AVERAGE

1.4964 ILS

2017 TND to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the TND to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 1.6763. Conversely, the yearly low was recorded on November 8, dropping to 1.3864.

This high-to-low spread represents a total annual volatility of 0.2899 ILS. From a start-to-finish perspective, comparing the January average rate of 1.6562 to the December average rate of 1.4067, the exchange rate registered a net change of -15.06% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 1.6763 was down 14.17% compared to the 2016 peak of 1.9531, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 8,382 ILS

2016 Average 8,967 ILS

Yearly Trough Low 6,932 ILS

Transaction Impact: A difference of 1,449.46 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1.6812

1.3818

JanuMarcMayJulySeptNove

TND to ILS 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 1.5582, compared to 1.4345 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1237 points.

H1 Avg (Jan–Jun) 1.5582

H2 Avg (Jul–Dec) 1.4345

Volatility Range Comparison

Volatility

The most volatile month in 2017 was April, with a trading range of 0.1438 ILS (High: 1.6024 / Low: 1.4586). On the other end, October was the most stable month, with a tight range of 0.0302 ILS (High: 1.4284 / Low: 1.3983).

April Spread (Volatile) ±0.1438

October Spread (Stable) ±0.0302

Growth Streaks & Declines

Trends

Between June and August, 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 April and May, when the average rate fell by 0.0704 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0704

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 1.6562) against the same month in 2016 (average: 1.9325), the exchange rate shifted by -0.2763 (-14.30%).

2017 Avg (January) 1.6562

2016 Avg (January) 1.9325

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.6763	1.6302	1.6562
February	1.6451	1.5787	1.6278
March	1.6123	1.5720	1.5981
April	1.6024	1.4586	1.5489
May	1.5142	1.4487	1.4785
June	1.4617	1.4146	1.4399
July	1.4985	1.4146	1.4529
August	1.5083	1.4662	1.4845
September	1.4679	1.4219	1.4415
October	1.4284	1.3983	1.4131
November	1.4246	1.3864	1.4085
December	1.4259	1.3871	1.4067