2017 NPR to ILS Historical Review

YEARLY HIGH

0.0356 ILS

YEARLY LOW

0.0335 ILS

YEARLY AVERAGE

0.0345 ILS

2017 NPR to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NPR to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on April 21, valuing the pair at 0.0356. Conversely, the yearly low was recorded on October 11, dropping to 0.0335.

This high-to-low spread represents a total annual volatility of 0.0021 ILS. From a start-to-finish perspective, comparing the January average rate of 0.0350 to the December average rate of 0.0341, the exchange rate registered a net change of -2.80% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0356 was down 3.52% compared to the 2016 peak of 0.0369, 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 178 ILS

2016 Average 179 ILS

Yearly Trough Low 167 ILS

Transaction Impact: A difference of 10.67 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0355

0.0336

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 0.0348, compared to 0.0343 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0348

H2 Avg (Jul–Dec) 0.0343

Volatility Range Comparison

Volatility

The most volatile month in 2017 was September, with a trading range of 0.0012 ILS (High: 0.0348 / Low: 0.0336). On the other end, November was the most stable month, with a tight range of 0.0005 ILS (High: 0.0341 / Low: 0.0337).

September Spread (Volatile) ±0.0012

November Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between June and August, 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 August and September, 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 (April 2017: 0.0353) against the same month in 2016 (average: 0.0355), the exchange rate shifted by -0.0002 (-0.44%).

2017 Avg (April) 0.0353

2016 Avg (April) 0.0355

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0354	0.0346	0.0350
February	0.0351	0.0342	0.0347
March	0.0349	0.0343	0.0347
April	0.0356	0.0349	0.0353
May	0.0354	0.0343	0.0348
June	0.0346	0.0338	0.0343
July	0.0349	0.0337	0.0344
August	0.0355	0.0347	0.0352
September	0.0348	0.0336	0.0342
October	0.0340	0.0335	0.0337
November	0.0341	0.0337	0.0339
December	0.0343	0.0338	0.0341