2017 FKP to ILS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 FKP to ILS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the FKP to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on September 15, valuing the pair at 4.7860. Conversely, the yearly low was recorded on March 14, dropping to 4.4566.
This high-to-low spread represents a total annual volatility of 0.3294 ILS. From a start-to-finish perspective, comparing the January average rate of 4.7117 to the December average rate of 4.6922, the exchange rate registered a net change of -0.42% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2017 high of 4.7860 was down 16.99% compared to the 2016 peak of 5.7653, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 FKP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
FKP to ILS Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 4.6060, compared to 4.6600 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0540 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was February, with a trading range of 0.2640 ILS (High: 4.7777 / Low: 4.5137). On the other end, December was the most stable month, with a tight range of 0.0913 ILS (High: 4.7409 / Low: 4.6496).
Growth Streaks & Declines
TrendsBetween June and September, 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 February and March, when the average rate fell by 0.1371 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2017: 4.7016) against the same month in 2016 (average: 4.9490), the exchange rate shifted by -0.2474 (-5.00%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 4.7842 | 4.5967 | 4.7117 |
| February | 4.7777 | 4.5137 | 4.6462 |
| March | 4.5707 | 4.4566 | 4.5091 |
| April | 4.7075 | 4.5126 | 4.6117 |
| May | 4.6842 | 4.5411 | 4.6391 |
| June | 4.5877 | 4.4719 | 4.5182 |
| July | 4.7030 | 4.5353 | 4.6161 |
| August | 4.7418 | 4.6030 | 4.6647 |
| September | 4.7860 | 4.6087 | 4.7016 |
| October | 4.7366 | 4.5869 | 4.6346 |
| November | 4.7271 | 4.5781 | 4.6509 |
| December | 4.7409 | 4.6496 | 4.6922 |