YEARLY HIGH
2.3584 NOK
YEARLY LOW
2.1919 NOK
YEARLY AVERAGE
2.2645 NOK

2018 ILS to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the ILS to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 2.3584. Conversely, the yearly low was recorded on February 18, dropping to 2.1919.

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 2.3114 to the December average rate of 2.3002, the exchange rate registered a net change of -0.49% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 2.3584 was down 2.33% compared to the 2017 peak of 2.4145, 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 11,792 NOK
2017 Average 11,497 NOK
Yearly Trough Low 10,960 NOK
Transaction Impact: A difference of 832.04 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

2.3208
2.2080
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 2.2533, compared to 2.2757 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0223 points.

H1 Avg (Jan–Jun) 2.2533
H2 Avg (Jul–Dec) 2.2757

Volatility Range Comparison

Volatility

The most volatile month in 2018 was September, with a trading range of 0.1154 NOK (High: 2.3535 / Low: 2.2381). On the other end, April was the most stable month, with a tight range of 0.0412 NOK (High: 2.2426 / Low: 2.2014).

September Spread (Volatile) ±0.1154
April Spread (Stable) ±0.0412

Growth Streaks & Declines

Trends

Between July and September, 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 January and February, when the average rate fell by 0.0714 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0714

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2018: 2.3114) against the same month in 2017 (average: 2.2180), the exchange rate shifted by +0.0934 (+4.21%).

2018 Avg (January) 2.3114
2017 Avg (January) 2.2180

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.3584 2.2543 2.3114
February 2.2725 2.1919 2.2400
March 2.2661 2.1944 2.2413
April 2.2426 2.2014 2.2174
May 2.3070 2.2235 2.2570
June 2.3007 2.2281 2.2528
July 2.2589 2.2073 2.2323
August 2.3249 2.2260 2.2768
September 2.3535 2.2381 2.2987
October 2.2788 2.2358 2.2581
November 2.3117 2.2579 2.2878
December 2.3302 2.2716 2.3002