2016 ILS to RON Historical Review

YEARLY HIGH

1.1366 RON

YEARLY LOW

1.0193 RON

YEARLY AVERAGE

1.0573 RON

2016 ILS to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ILS to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on December 26, valuing the pair at 1.1366. Conversely, the yearly low was recorded on February 11, dropping to 1.0193.

This high-to-low spread represents a total annual volatility of 0.1173 RON. From a start-to-finish perspective, comparing the January average rate of 1.0565 to the December average rate of 1.1188, the exchange rate registered a net change of 5.90% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 1.1366 was up 4.53% compared to the 2015 peak of 1.0874, 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 5,683 RON

2015 Average 5,157 RON

Yearly Trough Low 5,096 RON

Transaction Impact: A difference of 586.73 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1.1273

1.0254

JanuMarcMayJulySeptNove

ILS to RON 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 1.0435, compared to 1.0711 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0276 points.

H1 Avg (Jan–Jun) 1.0435

H2 Avg (Jul–Dec) 1.0711

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0472 RON (High: 1.1103 / Low: 1.0631). On the other end, July was the most stable month, with a tight range of 0.0118 RON (High: 1.0576 / Low: 1.0458).

November Spread (Volatile) ±0.0472

July Spread (Stable) ±0.0118

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0226 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0226

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 1.1188) against the same month in 2015 (average: 1.0678), the exchange rate shifted by +0.0510 (+4.78%).

2016 Avg (December) 1.1188

2015 Avg (December) 1.0678

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0710	1.0472	1.0565
February	1.0523	1.0193	1.0339
March	1.0565	1.0288	1.0380
April	1.0577	1.0304	1.0457
May	1.0538	1.0345	1.0445
June	1.0564	1.0324	1.0424
July	1.0576	1.0458	1.0510
August	1.0555	1.0427	1.0484
September	1.0605	1.0456	1.0542
October	1.0756	1.0532	1.0665
November	1.1103	1.0631	1.0879
December	1.1366	1.1000	1.1188