2019 TND to ILS Historical Review

YEARLY HIGH

1.2670 ILS

YEARLY LOW

1.1782 ILS

YEARLY AVERAGE

1.2185 ILS

2019 TND to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the TND to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 1.2670. Conversely, the yearly low was recorded on February 24, dropping to 1.1782.

This high-to-low spread represents a total annual volatility of 0.0888 ILS. From a start-to-finish perspective, comparing the January average rate of 1.2440 to the December average rate of 1.2244, the exchange rate registered a net change of -1.58% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 1.2670 was down 15.19% compared to the 2018 peak of 1.4939, 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 6,335 ILS

2018 Average 6,841 ILS

Yearly Trough Low 5,891 ILS

Transaction Impact: A difference of 443.91 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

1.2493

1.1852

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 1.2084, compared to 1.2286 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0202 points.

H1 Avg (Jan–Jun) 1.2084

H2 Avg (Jul–Dec) 1.2286

Volatility Range Comparison

Volatility

The most volatile month in 2019 was June, with a trading range of 0.0666 ILS (High: 1.2658 / Low: 1.1992). On the other end, April was the most stable month, with a tight range of 0.0170 ILS (High: 1.2002 / Low: 1.1832).

June Spread (Volatile) ±0.0666

April Spread (Stable) ±0.0170

Growth Streaks & Declines

Trends

Between April and July, 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 January and February, when the average rate fell by 0.0402 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0402

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 1.2440) against the same month in 2018 (average: 1.3991), the exchange rate shifted by -0.1552 (-11.09%).

2019 Avg (January) 1.2440

2018 Avg (January) 1.3991

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.2670	1.2146	1.2440
February	1.2262	1.1782	1.2038
March	1.2048	1.1842	1.1941
April	1.2002	1.1832	1.1906
May	1.2106	1.1843	1.1948
June	1.2658	1.1992	1.2231
July	1.2430	1.2128	1.2315
August	1.2394	1.2085	1.2246
September	1.2413	1.2135	1.2285
October	1.2571	1.2146	1.2383
November	1.2445	1.2141	1.2243
December	1.2448	1.2156	1.2244