YEARLY HIGH
1.8648 DKK
YEARLY LOW
1.6985 DKK
YEARLY AVERAGE
1.7531 DKK

2016 ILS to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ILS to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 22, valuing the pair at 1.8648. Conversely, the yearly low was recorded on February 11, dropping to 1.6985.

This high-to-low spread represents a total annual volatility of 0.1663 DKK. From a start-to-finish perspective, comparing the January average rate of 1.7395 to the December average rate of 1.8417, the exchange rate registered a net change of 5.88% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 1.8648 was up 2.46% compared to the 2015 peak of 1.8201, 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 9,324 DKK
2015 Average 8,654 DKK
Yearly Trough Low 8,492 DKK
Transaction Impact: A difference of 831.58 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1.8545
1.7013
JanuMarcMayJulySeptNove

ILS to DKK 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 1.7292, compared to 1.7770 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0478 points.

H1 Avg (Jan–Jun) 1.7292
H2 Avg (Jul–Dec) 1.7770

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0726 DKK (High: 1.8311 / Low: 1.7585). On the other end, September was the most stable month, with a tight range of 0.0230 DKK (High: 1.7736 / Low: 1.7506).

November Spread (Volatile) ±0.0726
September Spread (Stable) ±0.0230

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 0.0181 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0181

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 1.8417) against the same month in 2015 (average: 1.7685), the exchange rate shifted by +0.0732 (+4.14%).

2016 Avg (December) 1.8417
2015 Avg (December) 1.7685

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.7667 1.7218 1.7395
February 1.7534 1.6985 1.7214
March 1.7656 1.7134 1.7329
April 1.7583 1.7175 1.7403
May 1.7397 1.7068 1.7269
June 1.7370 1.7002 1.7141
July 1.7632 1.7296 1.7437
August 1.7643 1.7397 1.7499
September 1.7736 1.7506 1.7651
October 1.7760 1.7486 1.7662
November 1.8311 1.7585 1.7955
December 1.8648 1.8179 1.8417