2017 BGN to ILS Historical Review

YEARLY HIGH

2.1928 ILS

YEARLY LOW

1.9712 ILS

YEARLY AVERAGE

2.0762 ILS

2017 BGN to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the BGN to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on August 28, valuing the pair at 2.1928. Conversely, the yearly low was recorded on February 28, dropping to 1.9712.

This high-to-low spread represents a total annual volatility of 0.2216 ILS. From a start-to-finish perspective, comparing the January average rate of 2.0739 to the December average rate of 2.1197, the exchange rate registered a net change of 2.21% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 2.1928 was down 2.42% compared to the 2016 peak of 2.2473, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,964 ILS

2016 Average 10,861 ILS

Yearly Trough Low 9,856 ILS

Transaction Impact: A difference of 1,108.24 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

2.1938

1.9793

JanuMarcMayJulySeptNove

BGN 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 2.0254, compared to 2.1269 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1014 points.

H1 Avg (Jan–Jun) 2.0254

H2 Avg (Jul–Dec) 2.1269

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 0.1206 ILS (High: 2.1569 / Low: 2.0363). On the other end, December was the most stable month, with a tight range of 0.0250 ILS (High: 2.1351 / Low: 2.1101).

July Spread (Volatile) ±0.1206

December Spread (Stable) ±0.0250

Growth Streaks & Declines

Trends

Between March and May, 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 January and February, when the average rate fell by 0.0477 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0477

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2017: 2.1760) against the same month in 2016 (average: 2.1747), the exchange rate shifted by +0.0012 (+0.06%).

2017 Avg (August) 2.1760

2016 Avg (August) 2.1747

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.0861	2.0562	2.0739
February	2.0771	1.9712	2.0262
March	2.0127	1.9780	1.9972
April	2.0320	1.9742	1.9976
May	2.0610	2.0032	2.0305
June	2.0456	2.0087	2.0273
July	2.1569	2.0363	2.0928
August	2.1928	2.1492	2.1760
September	2.1737	2.1267	2.1511
October	2.1241	2.0948	2.1095
November	2.1407	2.0817	2.1123
December	2.1351	2.1101	2.1197