YEARLY HIGH
0.9691 PEN
YEARLY LOW
0.8634 PEN
YEARLY AVERAGE
0.9068 PEN

2017 ILS to PEN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the ILS to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on November 2, valuing the pair at 0.9691. Conversely, the yearly low was recorded on February 4, dropping to 0.8634.

This high-to-low spread represents a total annual volatility of 0.1057 PEN. From a start-to-finish perspective, comparing the January average rate of 0.8748 to the December average rate of 0.9270, the exchange rate registered a net change of 5.97% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.9691 was up 6.97% compared to the 2016 peak of 0.9060, 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 4,846 PEN
2016 Average 4,395 PEN
Yearly Trough Low 4,317 PEN
Transaction Impact: A difference of 528.56 PEN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.9322
0.8696
JanuMarcMayJulySeptNove

ILS to PEN 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 0.8951, compared to 0.9185 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0234 points.

H1 Avg (Jan–Jun) 0.8951
H2 Avg (Jul–Dec) 0.9185

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 0.0565 PEN (High: 0.9691 / Low: 0.9126). On the other end, March was the most stable month, with a tight range of 0.0137 PEN (High: 0.8977 / Low: 0.8840).

November Spread (Volatile) ±0.0565
March Spread (Stable) ±0.0137

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 0.0149 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0149

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2017: 0.9228) against the same month in 2016 (average: 0.8855), the exchange rate shifted by +0.0373 (+4.22%).

2017 Avg (November) 0.9228
2016 Avg (November) 0.8855

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8852 0.8654 0.8748
February 0.8953 0.8634 0.8752
March 0.8977 0.8840 0.8931
April 0.8996 0.8818 0.8909
May 0.9261 0.8974 0.9114
June 0.9331 0.9187 0.9249
July 0.9291 0.9058 0.9152
August 0.9097 0.8938 0.9003
September 0.9295 0.9052 0.9194
October 0.9338 0.9178 0.9262
November 0.9691 0.9126 0.9228
December 0.9394 0.9111 0.9270