2016 BTN to ILS Historical Review

YEARLY HIGH

0.0591 ILS

YEARLY LOW

0.0559 ILS

YEARLY AVERAGE

0.0571 ILS

2016 BTN to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the BTN to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.0591. Conversely, the yearly low was recorded on November 29, dropping to 0.0559.

This high-to-low spread represents a total annual volatility of 0.0032 ILS. From a start-to-finish perspective, comparing the January average rate of 0.0587 to the December average rate of 0.0565, the exchange rate registered a net change of -3.80% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0591 was down 9.46% compared to the 2015 peak of 0.0652, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 295 ILS

2015 Average 303 ILS

Yearly Trough Low 279 ILS

Transaction Impact: A difference of 15.80 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0589

0.0561

JanuMarcMayJulySeptNove

BTN 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 0.0575, compared to 0.0568 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0575

H2 Avg (Jul–Dec) 0.0568

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0017 ILS (High: 0.0576 / Low: 0.0559). On the other end, September was the most stable month, with a tight range of 0.0004 ILS (High: 0.0566 / Low: 0.0562).

November Spread (Volatile) ±0.0017

September Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between April and July, 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 January and February, when the average rate fell by 0.0015 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0015

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.0587) against the same month in 2015 (average: 0.0634), the exchange rate shifted by -0.0047 (-7.47%).

2016 Avg (January) 0.0587

2015 Avg (January) 0.0634

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0591	0.0580	0.0587
February	0.0583	0.0569	0.0572
March	0.0583	0.0568	0.0577
April	0.0574	0.0563	0.0567
May	0.0576	0.0563	0.0570
June	0.0578	0.0568	0.0574
July	0.0578	0.0569	0.0574
August	0.0574	0.0560	0.0567
September	0.0566	0.0562	0.0564
October	0.0578	0.0562	0.0572
November	0.0576	0.0559	0.0568
December	0.0572	0.0559	0.0565