YEARLY HIGH
0.4906 BGN
YEARLY LOW
0.4450 BGN
YEARLY AVERAGE
0.4605 BGN

2016 ILS to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ILS to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 22, valuing the pair at 0.4906. Conversely, the yearly low was recorded on February 11, dropping to 0.4450.

This high-to-low spread represents a total annual volatility of 0.0456 BGN. From a start-to-finish perspective, comparing the January average rate of 0.4560 to the December average rate of 0.4844, the exchange rate registered a net change of 6.23% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.4906 was up 2.82% compared to the 2015 peak of 0.4772, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,453 BGN
2015 Average 2,269 BGN
Yearly Trough Low 2,225 BGN
Transaction Impact: A difference of 228.07 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.4877
0.4474
JanuMarcMayJulySeptNove

ILS to BGN 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 0.4540, compared to 0.4671 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0131 points.

H1 Avg (Jan–Jun) 0.4540
H2 Avg (Jul–Dec) 0.4671

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0185 BGN (High: 0.4809 / Low: 0.4625). On the other end, September was the most stable month, with a tight range of 0.0056 BGN (High: 0.4658 / Low: 0.4602).

November Spread (Volatile) ±0.0185
September Spread (Stable) ±0.0056

Growth Streaks & Declines

Trends

Between June and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0049 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0049

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 0.4844) against the same month in 2015 (average: 0.4634), the exchange rate shifted by +0.0209 (+4.52%).

2016 Avg (December) 0.4844
2015 Avg (December) 0.4634

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4629 0.4511 0.4560
February 0.4596 0.4450 0.4511
March 0.4629 0.4493 0.4545
April 0.4622 0.4513 0.4574
May 0.4572 0.4492 0.4541
June 0.4568 0.4478 0.4508
July 0.4635 0.4540 0.4583
August 0.4638 0.4576 0.4598
September 0.4658 0.4602 0.4636
October 0.4668 0.4605 0.4643
November 0.4809 0.4625 0.4719
December 0.4906 0.4787 0.4844