YEARLY HIGH
1.9289 DKK
YEARLY LOW
1.7374 DKK
YEARLY AVERAGE
1.8333 DKK

2017 ILS to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the ILS to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 28, valuing the pair at 1.9289. Conversely, the yearly low was recorded on August 28, dropping to 1.7374.

This high-to-low spread represents a total annual volatility of 0.1914 DKK. From a start-to-finish perspective, comparing the January average rate of 1.8328 to the December average rate of 1.7958, the exchange rate registered a net change of -2.02% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 1.9289 was up 3.44% compared to the 2016 peak of 1.8648, 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 9,644 DKK
2016 Average 8,766 DKK
Yearly Trough Low 8,687 DKK
Transaction Impact: A difference of 957.25 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1.9184
1.7324
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 1.8775, compared to 1.7892 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0882 points.

H1 Avg (Jan–Jun) 1.8775
H2 Avg (Jul–Dec) 1.7892

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 0.1013 DKK (High: 1.8669 / Low: 1.7656). On the other end, December was the most stable month, with a tight range of 0.0209 DKK (High: 1.8046 / Low: 1.7837).

July Spread (Volatile) ±0.1013
December Spread (Stable) ±0.0209

Growth Streaks & Declines

Trends

Between January and March, 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 July and August, when the average rate fell by 0.0693 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0693

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2017: 1.8768) against the same month in 2016 (average: 1.7214), the exchange rate shifted by +0.1555 (+9.03%).

2017 Avg (February) 1.8768
2016 Avg (February) 1.7214

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.8471 1.8210 1.8328
February 1.9289 1.8303 1.8768
March 1.9255 1.8846 1.9029
April 1.9271 1.8726 1.9028
May 1.8988 1.8465 1.8736
June 1.8923 1.8592 1.8757
July 1.8669 1.7656 1.8172
August 1.7682 1.7374 1.7479
September 1.7894 1.7475 1.7689
October 1.8158 1.7825 1.8040
November 1.8297 1.7765 1.8016
December 1.8046 1.7837 1.7958