2018 FKP to ILS Historical Review

YEARLY HIGH

5.0621 ILS

YEARLY LOW

4.6294 ILS

YEARLY AVERAGE

4.7958 ILS

2018 FKP to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the FKP to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on April 16, valuing the pair at 5.0621. Conversely, the yearly low was recorded on September 6, dropping to 4.6294.

This high-to-low spread represents a total annual volatility of 0.4328 ILS. From a start-to-finish perspective, comparing the January average rate of 4.7273 to the December average rate of 4.7555, the exchange rate registered a net change of 0.60% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 5.0621 was up 5.77% compared to the 2017 peak of 4.7860, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 25,311 ILS

2017 Average 23,165 ILS

Yearly Trough Low 23,147 ILS

Transaction Impact: A difference of 2,163.83 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

5.0037

4.6553

JanuMarcMayJulySeptNove

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)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 4.8422, compared to 4.7493 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0929 points.

H1 Avg (Jan–Jun) 4.8422

H2 Avg (Jul–Dec) 4.7493

Volatility Range Comparison

Volatility

The most volatile month in 2018 was March, with a trading range of 0.2285 ILS (High: 4.9793 / Low: 4.7508). On the other end, June was the most stable month, with a tight range of 0.0812 ILS (High: 4.8284 / Low: 4.7472).

March Spread (Volatile) ±0.2285

June Spread (Stable) ±0.0812

Growth Streaks & Declines

Trends

Between September and November, 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 April and May, when the average rate fell by 0.1436 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.1436

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2018: 4.9746) against the same month in 2017 (average: 4.6117), the exchange rate shifted by +0.3629 (+7.87%).

2018 Avg (April) 4.9746

2017 Avg (April) 4.6117

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	4.8557	4.6307	4.7273
February	4.9856	4.7822	4.8868
March	4.9793	4.7508	4.8424
April	5.0621	4.9173	4.9746
May	4.9224	4.7359	4.8310
June	4.8284	4.7472	4.7912
July	4.8348	4.7422	4.7994
August	4.8193	4.6593	4.7161
September	4.7435	4.6294	4.6843
October	4.8037	4.7136	4.7614
November	4.8359	4.7391	4.7790
December	4.7932	4.6859	4.7555