YEARLY HIGH
0.5832 ILS
YEARLY LOW
0.5292 ILS
YEARLY AVERAGE
0.5642 ILS

2016 HRK to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the HRK to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on June 5, valuing the pair at 0.5832. Conversely, the yearly low was recorded on December 22, dropping to 0.5292.

This high-to-low spread represents a total annual volatility of 0.0541 ILS. From a start-to-finish perspective, comparing the January average rate of 0.5603 to the December average rate of 0.5358, the exchange rate registered a net change of -4.36% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.5832 was down 5.31% compared to the 2015 peak of 0.6159, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,916 ILS
2015 Average 2,834 ILS
Yearly Trough Low 2,646 ILS
Transaction Impact: A difference of 270.30 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.5812
0.5317
JanuMarcMayJulySeptNove

HRK 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 0.5700, compared to 0.5585 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0114 points.

H1 Avg (Jan–Jun) 0.5700
H2 Avg (Jul–Dec) 0.5585

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0250 ILS (High: 0.5641 / Low: 0.5391). On the other end, September was the most stable month, with a tight range of 0.0071 ILS (High: 0.5674 / Low: 0.5603).

November Spread (Volatile) ±0.0250
September Spread (Stable) ±0.0071

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0159 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0159

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2016: 0.5771) against the same month in 2015 (average: 0.5668), the exchange rate shifted by +0.0103 (+1.82%).

2016 Avg (June) 0.5771
2015 Avg (June) 0.5668

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5655 0.5529 0.5603
February 0.5752 0.5579 0.5678
March 0.5780 0.5554 0.5696
April 0.5770 0.5652 0.5705
May 0.5820 0.5702 0.5745
June 0.5832 0.5691 0.5771
July 0.5753 0.5644 0.5700
August 0.5718 0.5647 0.5687
September 0.5674 0.5603 0.5631
October 0.5676 0.5587 0.5617
November 0.5641 0.5391 0.5518
December 0.5429 0.5292 0.5358