YEARLY HIGH
2.2566 ILS
YEARLY LOW
2.0968 ILS
YEARLY AVERAGE
2.1694 ILS

2018 BGN to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the BGN to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on February 15, valuing the pair at 2.2566. Conversely, the yearly low was recorded on January 10, dropping to 2.0968.

This high-to-low spread represents a total annual volatility of 0.1598 ILS. From a start-to-finish perspective, comparing the January average rate of 2.1339 to the December average rate of 2.1833, the exchange rate registered a net change of 2.32% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 2.2566 was up 2.91% compared to the 2017 peak of 2.1928, 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 11,283 ILS
2017 Average 10,383 ILS
Yearly Trough Low 10,484 ILS
Transaction Impact: A difference of 799.22 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

2.2289
2.1252
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 2.1783, compared to 2.1605 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0178 points.

H1 Avg (Jan–Jun) 2.1783
H2 Avg (Jul–Dec) 2.1605

Volatility Range Comparison

Volatility

The most volatile month in 2018 was May, with a trading range of 0.0947 ILS (High: 2.2181 / Low: 2.1233). On the other end, October was the most stable month, with a tight range of 0.0249 ILS (High: 2.1605 / Low: 2.1357).

May Spread (Volatile) ±0.0947
October Spread (Stable) ±0.0249

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 April and May, when the average rate fell by 0.0506 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0506

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 2.2090) against the same month in 2017 (average: 2.0262), the exchange rate shifted by +0.1828 (+9.02%).

2018 Avg (February) 2.2090
2017 Avg (February) 2.0262

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.1717 2.0968 2.1339
February 2.2566 2.1675 2.2090
March 2.2270 2.1676 2.1853
April 2.2362 2.2081 2.2203
May 2.2181 2.1233 2.1697
June 2.1836 2.1207 2.1518
July 2.1917 2.1631 2.1773
August 2.1915 2.1346 2.1619
September 2.1600 2.1204 2.1398
October 2.1605 2.1357 2.1482
November 2.1801 2.1200 2.1526
December 2.2074 2.1533 2.1833