YEARLY HIGH
2.4145 NOK
YEARLY LOW
2.1591 NOK
YEARLY AVERAGE
2.2991 NOK

2017 ILS to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the ILS to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on June 20, valuing the pair at 2.4145. Conversely, the yearly low was recorded on August 27, dropping to 2.1591.

This high-to-low spread represents a total annual volatility of 0.2554 NOK. From a start-to-finish perspective, comparing the January average rate of 2.2180 to the December average rate of 2.3745, the exchange rate registered a net change of 7.06% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 2.4145 was up 5.83% compared to the 2016 peak of 2.2816, 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 12,073 NOK
2016 Average 10,939 NOK
Yearly Trough Low 10,796 NOK
Transaction Impact: A difference of 1,276.85 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

2.4166
2.1704
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 2.3171, compared to 2.2812 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0359 points.

H1 Avg (Jan–Jun) 2.3171
H2 Avg (Jul–Dec) 2.2812

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 0.1814 NOK (High: 2.3927 / Low: 2.2112). On the other end, June was the most stable month, with a tight range of 0.0422 NOK (High: 2.4145 / Low: 2.3724).

July Spread (Volatile) ±0.1814
June Spread (Stable) ±0.0422

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 July and August, when the average rate fell by 0.1078 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.1078

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2017: 2.3961) against the same month in 2016 (average: 2.1512), the exchange rate shifted by +0.2449 (+11.38%).

2017 Avg (June) 2.3961
2016 Avg (June) 2.1512

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.2479 2.1875 2.2180
February 2.3032 2.1818 2.2374
March 2.3662 2.2785 2.3280
April 2.3757 2.3221 2.3557
May 2.4067 2.3272 2.3675
June 2.4145 2.3724 2.3961
July 2.3927 2.2112 2.2988
August 2.2248 2.1591 2.1910
September 2.2536 2.1747 2.2184
October 2.3201 2.2531 2.2781
November 2.3814 2.2919 2.3263
December 2.4033 2.3500 2.3745