YEARLY HIGH
0.5779 ILS
YEARLY LOW
0.5183 ILS
YEARLY AVERAGE
0.5441 ILS

2017 HRK to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the HRK to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on August 6, valuing the pair at 0.5779. Conversely, the yearly low was recorded on February 28, dropping to 0.5183.

This high-to-low spread represents a total annual volatility of 0.0596 ILS. From a start-to-finish perspective, comparing the January average rate of 0.5387 to the December average rate of 0.5504, the exchange rate registered a net change of 2.16% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.5779 was down 0.91% compared to the 2016 peak of 0.5832, 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 2,890 ILS
2016 Average 2,821 ILS
Yearly Trough Low 2,591 ILS
Transaction Impact: A difference of 298.20 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.5796
0.5196
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 0.5320, compared to 0.5563 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0244 points.

H1 Avg (Jan–Jun) 0.5320
H2 Avg (Jul–Dec) 0.5563

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 0.0316 ILS (High: 0.5682 / Low: 0.5365). On the other end, October was the most stable month, with a tight range of 0.0093 ILS (High: 0.5548 / Low: 0.5454).

July Spread (Volatile) ±0.0316
October Spread (Stable) ±0.0093

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0143 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0143

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2017: 0.5746) against the same month in 2016 (average: 0.5687), the exchange rate shifted by +0.0060 (+1.05%).

2017 Avg (August) 0.5746
2016 Avg (August) 0.5687

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5449 0.5321 0.5387
February 0.5444 0.5183 0.5324
March 0.5307 0.5196 0.5265
April 0.5323 0.5185 0.5246
May 0.5421 0.5277 0.5345
June 0.5398 0.5299 0.5350
July 0.5682 0.5365 0.5523
August 0.5779 0.5676 0.5746
September 0.5737 0.5548 0.5638
October 0.5548 0.5454 0.5496
November 0.5540 0.5395 0.5473
December 0.5621 0.5471 0.5504