YEARLY HIGH
0.0346 ILS
YEARLY LOW
0.0299 ILS
YEARLY AVERAGE
0.0319 ILS

2016 ISK to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ISK to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 6, valuing the pair at 0.0346. Conversely, the yearly low was recorded on March 2, dropping to 0.0299.

This high-to-low spread represents a total annual volatility of 0.0046 ILS. From a start-to-finish perspective, comparing the January average rate of 0.0304 to the December average rate of 0.0340, the exchange rate registered a net change of 12.02% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0346 was up 11.56% compared to the 2015 peak of 0.0310, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 ISK based on timing:

Yearly Peak High 173 ILS
2015 Average 147 ILS
Yearly Trough Low 150 ILS
Transaction Impact: A difference of 23.12 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0346
0.0300
JanuMarcMayJulySeptNove

ISK to ILS 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 0.0307, compared to 0.0330 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0024 points.

H1 Avg (Jan–Jun) 0.0307
H2 Avg (Jul–Dec) 0.0330

Volatility Range Comparison

Volatility

The most volatile month in 2016 was October, with a trading range of 0.0012 ILS (High: 0.0340 / Low: 0.0328). On the other end, November was the most stable month, with a tight range of 0.0004 ILS (High: 0.0345 / Low: 0.0341).

October Spread (Volatile) ±0.0012
November Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between April and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0002 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 0.0340) against the same month in 2015 (average: 0.0299), the exchange rate shifted by +0.0042 (+13.90%).

2016 Avg (December) 0.0340
2015 Avg (December) 0.0299

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0307 0.0299 0.0304
February 0.0307 0.0302 0.0305
March 0.0309 0.0299 0.0305
April 0.0308 0.0301 0.0304
May 0.0312 0.0305 0.0308
June 0.0316 0.0310 0.0313
July 0.0319 0.0314 0.0316
August 0.0324 0.0318 0.0322
September 0.0330 0.0325 0.0328
October 0.0340 0.0328 0.0335
November 0.0345 0.0341 0.0342
December 0.0346 0.0336 0.0340