2016 HNL to ILS Historical Review

YEARLY HIGH

0.1770 ILS

YEARLY LOW

0.1628 ILS

YEARLY AVERAGE

0.1687 ILS

2016 HNL to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the HNL to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on January 15, valuing the pair at 0.1770. Conversely, the yearly low was recorded on December 22, dropping to 0.1628.

This high-to-low spread represents a total annual volatility of 0.0143 ILS. From a start-to-finish perspective, comparing the January average rate of 0.1760 to the December average rate of 0.1643, the exchange rate registered a net change of -6.66% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.1770 was down 7.43% compared to the 2015 peak of 0.1913, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 885 ILS

2015 Average 896 ILS

Yearly Trough Low 814 ILS

Transaction Impact: A difference of 71.39 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.1772

0.1631

JanuMarcMayJulySeptNove

HNL 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 0.1710, compared to 0.1664 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0046 points.

H1 Avg (Jan–Jun) 0.1710

H2 Avg (Jul–Dec) 0.1664

Volatility Range Comparison

Volatility

The most volatile month in 2016 was March, with a trading range of 0.0066 ILS (High: 0.1732 / Low: 0.1666). On the other end, September was the most stable month, with a tight range of 0.0018 ILS (High: 0.1657 / Low: 0.1639).

March Spread (Volatile) ±0.0066

September Spread (Stable) ±0.0018

Growth Streaks & Declines

Trends

Between April and June, 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 March and April, when the average rate fell by 0.0038 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0038

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.1760) against the same month in 2015 (average: 0.1874), the exchange rate shifted by -0.0114 (-6.06%).

2016 Avg (January) 0.1760

2015 Avg (January) 0.1874

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1770	0.1744	0.1760
February	0.1760	0.1715	0.1730
March	0.1732	0.1666	0.1710
April	0.1684	0.1657	0.1671
May	0.1718	0.1657	0.1688
June	0.1715	0.1682	0.1700
July	0.1710	0.1675	0.1692
August	0.1680	0.1643	0.1661
September	0.1657	0.1639	0.1648
October	0.1694	0.1635	0.1670
November	0.1682	0.1652	0.1668
December	0.1657	0.1628	0.1643