2017 ILS to MRO Historical Review

YEARLY HIGH

104.6689 MRO

YEARLY LOW

92.4933 MRO

YEARLY AVERAGE

100.1113 MRO

2017 ILS to MRO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the ILS to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on September 22, valuing the pair at 104.6689. Conversely, the yearly low was recorded on January 4, dropping to 92.4933.

This high-to-low spread represents a total annual volatility of 12.1756 MRO. From a start-to-finish perspective, comparing the January average rate of 93.9797 to the December average rate of 101.5158, the exchange rate registered a net change of 8.02% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 104.6689 was up 10.22% compared to the 2016 peak of 94.9660, 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 523,344 MRO

2016 Average 457,336 MRO

Yearly Trough Low 462,467 MRO

Transaction Impact: A difference of 60,877.75 MRO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

104.4385

93.0289

JanuMarcMayJulySeptNove

ILS to MRO 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 98.2934, compared to 101.9292 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.6358 points.

H1 Avg (Jan–Jun) 98.2934

H2 Avg (Jul–Dec) 101.9292

Volatility Range Comparison

Volatility

The most volatile month in 2017 was October, with a trading range of 3.9712 MRO (High: 104.5947 / Low: 100.6235). On the other end, November was the most stable month, with a tight range of 1.9523 MRO (High: 101.7403 / Low: 99.7880).

October Spread (Volatile) ±3.9712

November Spread (Stable) ±1.9523

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 October and November, when the average rate fell by 1.9528 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -1.9528

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2017: 103.4877) against the same month in 2016 (average: 94.5322), the exchange rate shifted by +8.9555 (+9.47%).

2017 Avg (September) 103.4877

2016 Avg (September) 94.5322

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	95.1337	92.4933	93.9797
February	98.4538	95.1882	96.4267
March	99.7330	96.4576	98.3287
April	99.7971	97.5150	98.7192
May	101.6551	99.3015	100.2577
June	103.1200	101.0761	102.0487
July	103.1200	100.8662	101.8790
August	102.2330	99.8693	100.9666
September	104.6689	101.9945	103.4877
October	104.5947	100.6235	102.8395
November	101.7403	99.7880	100.8867
December	102.5674	100.4243	101.5158