YEARLY HIGH
0.0127 ILS
YEARLY LOW
0.0096 ILS
YEARLY AVERAGE
0.0108 ILS

2017 NGN to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NGN to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 0.0127. Conversely, the yearly low was recorded on December 28, dropping to 0.0096.

This high-to-low spread represents a total annual volatility of 0.0030 ILS. From a start-to-finish perspective, comparing the January average rate of 0.0122 to the December average rate of 0.0097, the exchange rate registered a net change of -20.19% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0127 was down 36.70% compared to the 2016 peak of 0.0200, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 NGN based on timing:

Yearly Peak High 12,663 ILS
2016 Average 15,673 ILS
Yearly Trough Low 9,632 ILS
Transaction Impact: A difference of 3,031.19 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0124
0.0095
JanuMarcMayJulySeptNove

NGN 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 0.0116, compared to 0.0101 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0015 points.

H1 Avg (Jan–Jun) 0.0116
H2 Avg (Jul–Dec) 0.0101

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 0.0016 ILS (High: 0.0114 / Low: 0.0098). On the other end, October was the most stable month, with a tight range of 0.0002 ILS (High: 0.0099 / Low: 0.0097).

August Spread (Volatile) ±0.0016
October Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2017. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0011 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.0122) against the same month in 2016 (average: 0.0198), the exchange rate shifted by -0.0076 (-38.53%).

2017 Avg (January) 0.0122
2016 Avg (January) 0.0198

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0127 0.0119 0.0122
February 0.0123 0.0115 0.0118
March 0.0119 0.0114 0.0116
April 0.0119 0.0114 0.0116
May 0.0115 0.0110 0.0113
June 0.0113 0.0100 0.0111
July 0.0117 0.0101 0.0112
August 0.0114 0.0098 0.0101
September 0.0100 0.0097 0.0098
October 0.0099 0.0097 0.0098
November 0.0099 0.0097 0.0098
December 0.0098 0.0096 0.0097