2017 CVE to ILS Historical Review

YEARLY HIGH

0.0388 ILS

YEARLY LOW

0.0349 ILS

YEARLY AVERAGE

0.0367 ILS

2017 CVE to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the CVE to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on August 29, valuing the pair at 0.0388. Conversely, the yearly low was recorded on February 28, dropping to 0.0349.

This high-to-low spread represents a total annual volatility of 0.0039 ILS. From a start-to-finish perspective, comparing the January average rate of 0.0367 to the December average rate of 0.0375, the exchange rate registered a net change of 2.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0388 was down 2.47% compared to the 2016 peak of 0.0398, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 194 ILS

2016 Average 193 ILS

Yearly Trough Low 174 ILS

Transaction Impact: A difference of 19.74 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0388

0.0350

JanuMarcMayJulySeptNove

CVE 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 0.0358, compared to 0.0376 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0018 points.

H1 Avg (Jan–Jun) 0.0358

H2 Avg (Jul–Dec) 0.0376

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 0.0022 ILS (High: 0.0381 / Low: 0.0360). On the other end, December was the most stable month, with a tight range of 0.0005 ILS (High: 0.0377 / Low: 0.0373).

July Spread (Volatile) ±0.0022

December Spread (Stable) ±0.0005

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 0.0009 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2017: 0.0385) against the same month in 2016 (average: 0.0386), the exchange rate shifted by -0.0001 (-0.29%).

2017 Avg (August) 0.0385

2016 Avg (August) 0.0386

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0370	0.0364	0.0367
February	0.0367	0.0349	0.0358
March	0.0357	0.0349	0.0353
April	0.0359	0.0349	0.0353
May	0.0364	0.0354	0.0359
June	0.0361	0.0356	0.0358
July	0.0381	0.0360	0.0370
August	0.0388	0.0381	0.0385
September	0.0384	0.0376	0.0380
October	0.0377	0.0370	0.0374
November	0.0379	0.0368	0.0373
December	0.0377	0.0373	0.0375