YEARLY HIGH
0.5756 ILS
YEARLY LOW
0.5184 ILS
YEARLY AVERAGE
0.5459 ILS

2017 DKK to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the DKK to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on August 28, valuing the pair at 0.5756. Conversely, the yearly low was recorded on February 28, dropping to 0.5184.

This high-to-low spread represents a total annual volatility of 0.0571 ILS. From a start-to-finish perspective, comparing the January average rate of 0.5456 to the December average rate of 0.5569, the exchange rate registered a net change of 2.06% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.5756 was down 2.24% compared to the 2016 peak of 0.5888, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,878 ILS
2016 Average 2,853 ILS
Yearly Trough Low 2,592 ILS
Transaction Impact: A difference of 285.64 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.5768
0.5209
JanuMarcMayJulySeptNove

DKK 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 0.5328, compared to 0.5590 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0263 points.

H1 Avg (Jan–Jun) 0.5328
H2 Avg (Jul–Dec) 0.5590

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 0.0307 ILS (High: 0.5664 / Low: 0.5357). On the other end, December was the most stable month, with a tight range of 0.0065 ILS (High: 0.5606 / Low: 0.5541).

July Spread (Volatile) ±0.0307
December Spread (Stable) ±0.0065

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 0.0127 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0127

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2017: 0.5721) against the same month in 2016 (average: 0.5715), the exchange rate shifted by +0.0006 (+0.11%).

2017 Avg (August) 0.5721
2016 Avg (August) 0.5715

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5491 0.5414 0.5456
February 0.5464 0.5184 0.5329
March 0.5306 0.5193 0.5255
April 0.5340 0.5189 0.5256
May 0.5416 0.5267 0.5338
June 0.5379 0.5285 0.5331
July 0.5664 0.5357 0.5505
August 0.5756 0.5656 0.5721
September 0.5722 0.5589 0.5654
October 0.5610 0.5507 0.5543
November 0.5629 0.5465 0.5551
December 0.5606 0.5541 0.5569