2016 AFN to ILS Historical Review

YEARLY HIGH

0.0586 ILS

YEARLY LOW

0.0547 ILS

YEARLY AVERAGE

0.0566 ILS

2016 AFN to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the AFN to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.0586. Conversely, the yearly low was recorded on May 1, dropping to 0.0547.

This high-to-low spread represents a total annual volatility of 0.0039 ILS. From a start-to-finish perspective, comparing the January average rate of 0.0576 to the December average rate of 0.0577, the exchange rate registered a net change of 0.20% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0586 was down 16.64% compared to the 2015 peak of 0.0703, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 293 ILS

2015 Average 318 ILS

Yearly Trough Low 273 ILS

Transaction Impact: A difference of 19.46 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0582

0.0548

JanuMarcMayJulySeptNove

AFN 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 0.0562, compared to 0.0571 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.0562

H2 Avg (Jul–Dec) 0.0571

Volatility Range Comparison

Volatility

The most volatile month in 2016 was August, with a trading range of 0.0031 ILS (High: 0.0585 / Low: 0.0555). On the other end, November was the most stable month, with a tight range of 0.0007 ILS (High: 0.0583 / Low: 0.0575).

August Spread (Volatile) ±0.0031

November Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between April and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0013 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 0.0577) against the same month in 2015 (average: 0.0574), the exchange rate shifted by +0.0003 (+0.55%).

2016 Avg (December) 0.0577

2015 Avg (December) 0.0574

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0581	0.0569	0.0576
February	0.0577	0.0562	0.0567
March	0.0570	0.0548	0.0564
April	0.0555	0.0547	0.0551
May	0.0565	0.0547	0.0556
June	0.0565	0.0554	0.0558
July	0.0567	0.0554	0.0561
August	0.0585	0.0555	0.0564
September	0.0571	0.0555	0.0565
October	0.0585	0.0570	0.0580
November	0.0583	0.0575	0.0579
December	0.0586	0.0570	0.0577