YEARLY HIGH
2.2816 NOK
YEARLY LOW
2.1152 NOK
YEARLY AVERAGE
2.1879 NOK

2016 ILS to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ILS to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 22, valuing the pair at 2.2816. Conversely, the yearly low was recorded on June 8, dropping to 2.1152.

This high-to-low spread represents a total annual volatility of 0.1664 NOK. From a start-to-finish perspective, comparing the January average rate of 2.2319 to the December average rate of 2.2371, the exchange rate registered a net change of 0.23% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 2.2816 was up 0.49% compared to the 2015 peak of 2.2704, 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 11,408 NOK
2015 Average 10,382 NOK
Yearly Trough Low 10,576 NOK
Transaction Impact: A difference of 832.05 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

2.2469
2.1284
JanuMarcMayJulySeptNove

ILS to NOK 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 2.1866, compared to 2.1891 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0026 points.

H1 Avg (Jan–Jun) 2.1866
H2 Avg (Jul–Dec) 2.1891

Volatility Range Comparison

Volatility

The most volatile month in 2016 was January, with a trading range of 0.0913 NOK (High: 2.2741 / Low: 2.1828). On the other end, May was the most stable month, with a tight range of 0.0311 NOK (High: 2.1728 / Low: 2.1417).

January Spread (Volatile) ±0.0913
May Spread (Stable) ±0.0311

Growth Streaks & Declines

Trends

Between October and December, 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 September and October, when the average rate fell by 0.0442 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0442

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 2.2371) against the same month in 2015 (average: 2.2425), the exchange rate shifted by -0.0054 (-0.24%).

2016 Avg (December) 2.2371
2015 Avg (December) 2.2425

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.2741 2.1828 2.2319
February 2.2254 2.1806 2.2038
March 2.2299 2.1684 2.1911
April 2.2034 2.1559 2.1812
May 2.1728 2.1417 2.1603
June 2.1974 2.1152 2.1512
July 2.2354 2.1555 2.1966
August 2.2253 2.1557 2.1880
September 2.2113 2.1326 2.1825
October 2.1543 2.1216 2.1383
November 2.2258 2.1484 2.1925
December 2.2816 2.2010 2.2371