2016 NPR to ILS Historical Review

YEARLY HIGH

0.0369 ILS

YEARLY LOW

0.0350 ILS

YEARLY AVERAGE

0.0357 ILS

2016 NPR to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NPR to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.0369. Conversely, the yearly low was recorded on December 2, dropping to 0.0350.

This high-to-low spread represents a total annual volatility of 0.0019 ILS. From a start-to-finish perspective, comparing the January average rate of 0.0367 to the December average rate of 0.0353, the exchange rate registered a net change of -3.76% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0369 was down 9.55% compared to the 2015 peak of 0.0408, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 184 ILS

2015 Average 189 ILS

Yearly Trough Low 175 ILS

Transaction Impact: A difference of 9.60 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0368

0.0351

JanuMarcMayJulySeptNove

NPR 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 0.0359, compared to 0.0355 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0359

H2 Avg (Jul–Dec) 0.0355

Volatility Range Comparison

Volatility

The most volatile month in 2016 was February, with a trading range of 0.0010 ILS (High: 0.0365 / Low: 0.0355). On the other end, September was the most stable month, with a tight range of 0.0003 ILS (High: 0.0354 / Low: 0.0351).

February Spread (Volatile) ±0.0010

September Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between April and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0009 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.0367) against the same month in 2015 (average: 0.0396), the exchange rate shifted by -0.0029 (-7.30%).

2016 Avg (January) 0.0367

2015 Avg (January) 0.0396

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0369	0.0363	0.0367
February	0.0365	0.0355	0.0358
March	0.0364	0.0355	0.0361
April	0.0358	0.0352	0.0355
May	0.0360	0.0353	0.0356
June	0.0362	0.0355	0.0359
July	0.0361	0.0356	0.0359
August	0.0360	0.0351	0.0355
September	0.0354	0.0351	0.0352
October	0.0361	0.0352	0.0358
November	0.0360	0.0350	0.0355
December	0.0358	0.0350	0.0353