YEARLY HIGH
2.6939 ILS
YEARLY LOW
2.5294 ILS
YEARLY AVERAGE
2.6054 ILS

2017 BND to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the BND to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 2.6939. Conversely, the yearly low was recorded on June 29, dropping to 2.5294.

This high-to-low spread represents a total annual volatility of 0.1644 ILS. From a start-to-finish perspective, comparing the January average rate of 2.6698 to the December average rate of 2.6002, the exchange rate registered a net change of -2.61% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 2.6939 was down 6.55% compared to the 2016 peak of 2.8825, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 13,469 ILS
2016 Average 13,908 ILS
Yearly Trough Low 12,647 ILS
Transaction Impact: A difference of 822.15 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

2.6816
2.5403
JanuMarcMayJulySeptNove

BND 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 2.6063, compared to 2.6045 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0018 points.

H1 Avg (Jan–Jun) 2.6063
H2 Avg (Jul–Dec) 2.6045

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 0.0949 ILS (High: 2.6279 / Low: 2.5329). On the other end, October was the most stable month, with a tight range of 0.0330 ILS (High: 2.5970 / Low: 2.5640).

July Spread (Volatile) ±0.0949
October Spread (Stable) ±0.0330

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 January and February, when the average rate fell by 0.0362 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0362

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 2.6698) against the same month in 2016 (average: 2.7581), the exchange rate shifted by -0.0883 (-3.20%).

2017 Avg (January) 2.6698
2016 Avg (January) 2.7581

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.6939 2.6416 2.6698
February 2.6679 2.6052 2.6335
March 2.6311 2.5698 2.6000
April 2.6329 2.5847 2.6077
May 2.5953 2.5559 2.5749
June 2.5721 2.5294 2.5521
July 2.6279 2.5329 2.5885
August 2.6670 2.6220 2.6462
September 2.6382 2.5995 2.6165
October 2.5970 2.5640 2.5805
November 2.6215 2.5696 2.5953
December 2.6223 2.5854 2.6002