YEARLY HIGH
0.0364 ILS
YEARLY LOW
0.0320 ILS
YEARLY AVERAGE
0.0338 ILS

2017 ISK to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the ISK to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on June 3, valuing the pair at 0.0364. Conversely, the yearly low was recorded on April 3, dropping to 0.0320.

This high-to-low spread represents a total annual volatility of 0.0044 ILS. From a start-to-finish perspective, comparing the January average rate of 0.0334 to the December average rate of 0.0334, the exchange rate registered a net change of -0.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0364 was up 5.19% compared to the 2016 peak of 0.0346, 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 182 ILS
2016 Average 159 ILS
Yearly Trough Low 160 ILS
Transaction Impact: A difference of 22.07 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0352
0.0329
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 0.0339, compared to 0.0336 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0339
H2 Avg (Jul–Dec) 0.0336

Volatility Range Comparison

Volatility

The most volatile month in 2017 was June, with a trading range of 0.0027 ILS (High: 0.0364 / Low: 0.0337). On the other end, October was the most stable month, with a tight range of 0.0006 ILS (High: 0.0337 / Low: 0.0331).

June Spread (Volatile) ±0.0027
October Spread (Stable) ±0.0006

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 June and July, when the average rate fell by 0.0010 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2017: 0.0350) against the same month in 2016 (average: 0.0313), the exchange rate shifted by +0.0037 (+11.87%).

2017 Avg (June) 0.0350
2016 Avg (June) 0.0313

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0342 0.0324 0.0334
February 0.0341 0.0328 0.0334
March 0.0347 0.0320 0.0335
April 0.0342 0.0320 0.0331
May 0.0360 0.0339 0.0349
June 0.0364 0.0337 0.0350
July 0.0345 0.0330 0.0340
August 0.0346 0.0332 0.0340
September 0.0341 0.0325 0.0332
October 0.0337 0.0331 0.0333
November 0.0343 0.0330 0.0338
December 0.0339 0.0328 0.0334