YEARLY HIGH
0.4562 ILS
YEARLY LOW
0.4240 ILS
YEARLY AVERAGE
0.4417 ILS

2018 NOK to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NOK to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on February 18, valuing the pair at 0.4562. Conversely, the yearly low was recorded on January 1, dropping to 0.4240.

This high-to-low spread represents a total annual volatility of 0.0322 ILS. From a start-to-finish perspective, comparing the January average rate of 0.4327 to the December average rate of 0.4348, the exchange rate registered a net change of 0.47% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.4562 was down 1.50% compared to the 2017 peak of 0.4631, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,281 ILS
2017 Average 2,177 ILS
Yearly Trough Low 2,120 ILS
Transaction Impact: A difference of 160.96 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.4528
0.4309
JanuMarcMayJulySeptNove

NOK 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 0.4439, compared to 0.4395 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0044 points.

H1 Avg (Jan–Jun) 0.4439
H2 Avg (Jul–Dec) 0.4395

Volatility Range Comparison

Volatility

The most volatile month in 2018 was September, with a trading range of 0.0219 ILS (High: 0.4468 / Low: 0.4249). On the other end, April was the most stable month, with a tight range of 0.0084 ILS (High: 0.4543 / Low: 0.4459).

September Spread (Volatile) ±0.0219
April Spread (Stable) ±0.0084

Growth Streaks & Declines

Trends

Between May and July, 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 0.0087 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0087

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 0.4465) against the same month in 2017 (average: 0.4470), the exchange rate shifted by -0.0006 (-0.12%).

2018 Avg (February) 0.4465
2017 Avg (February) 0.4470

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4436 0.4240 0.4327
February 0.4562 0.4400 0.4465
March 0.4557 0.4413 0.4462
April 0.4543 0.4459 0.4510
May 0.4497 0.4335 0.4431
June 0.4488 0.4346 0.4439
July 0.4530 0.4427 0.4480
August 0.4492 0.4301 0.4393
September 0.4468 0.4249 0.4351
October 0.4473 0.4388 0.4429
November 0.4429 0.4326 0.4371
December 0.4402 0.4291 0.4348