YEARLY HIGH
0.5761 ILS
YEARLY LOW
0.5408 ILS
YEARLY AVERAGE
0.5565 ILS

2016 BOB to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the BOB to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on January 24, valuing the pair at 0.5761. Conversely, the yearly low was recorded on April 30, dropping to 0.5408.

This high-to-low spread represents a total annual volatility of 0.0353 ILS. From a start-to-finish perspective, comparing the January average rate of 0.5715 to the December average rate of 0.5537, the exchange rate registered a net change of -3.12% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.5761 was down 1.72% compared to the 2015 peak of 0.5862, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,881 ILS
2015 Average 2,814 ILS
Yearly Trough Low 2,704 ILS
Transaction Impact: A difference of 176.54 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.5742
0.5415
JanuMarcMayJulySeptNove

BOB 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 0.5608, compared to 0.5522 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0086 points.

H1 Avg (Jan–Jun) 0.5608
H2 Avg (Jul–Dec) 0.5522

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 0.0225 ILS (High: 0.5638 / Low: 0.5413). On the other end, September was the most stable month, with a tight range of 0.0058 ILS (High: 0.5475 / Low: 0.5418).

May Spread (Volatile) ±0.0225
September Spread (Stable) ±0.0058

Growth Streaks & Declines

Trends

Between April and June, 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 March and April, when the average rate fell by 0.0167 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0167

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.5715) against the same month in 2015 (average: 0.5709), the exchange rate shifted by +0.0006 (+0.11%).

2016 Avg (January) 0.5715
2015 Avg (January) 0.5709

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5761 0.5622 0.5715
February 0.5730 0.5606 0.5664
March 0.5720 0.5516 0.5652
April 0.5537 0.5408 0.5485
May 0.5638 0.5413 0.5529
June 0.5661 0.5546 0.5603
July 0.5658 0.5510 0.5592
August 0.5547 0.5436 0.5487
September 0.5475 0.5418 0.5442
October 0.5576 0.5433 0.5521
November 0.5609 0.5489 0.5554
December 0.5595 0.5474 0.5537