2017 PEN to ILS Historical Review

YEARLY HIGH

1.1582 ILS

YEARLY LOW

1.0319 ILS

YEARLY AVERAGE

1.1033 ILS

2017 PEN to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the PEN to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 1.1582. Conversely, the yearly low was recorded on November 2, dropping to 1.0319.

This high-to-low spread represents a total annual volatility of 0.1263 ILS. From a start-to-finish perspective, comparing the January average rate of 1.1431 to the December average rate of 1.0788, the exchange rate registered a net change of -5.63% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 1.1582 was down 2.36% compared to the 2016 peak of 1.1862, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,791 ILS

2016 Average 5,690 ILS

Yearly Trough Low 5,159 ILS

Transaction Impact: A difference of 631.70 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1.1496

1.0724

JanuMarcMayJulySeptNove

PEN 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 1.1177, compared to 1.0889 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0288 points.

H1 Avg (Jan–Jun) 1.1177

H2 Avg (Jul–Dec) 1.0889

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 0.0639 ILS (High: 1.0958 / Low: 1.0319). On the other end, June was the most stable month, with a tight range of 0.0169 ILS (High: 1.0885 / Low: 1.0716).

November Spread (Volatile) ±0.0639

June Spread (Stable) ±0.0169

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 April and May, when the average rate fell by 0.0253 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0253

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2017: 1.1427) against the same month in 2016 (average: 1.1140), the exchange rate shifted by +0.0287 (+2.58%).

2017 Avg (February) 1.1427

2016 Avg (February) 1.1140

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.1555	1.1297	1.1431
February	1.1582	1.1170	1.1427
March	1.1312	1.1139	1.1197
April	1.1341	1.1116	1.1225
May	1.1143	1.0798	1.0972
June	1.0885	1.0716	1.0812
July	1.1040	1.0763	1.0927
August	1.1188	1.0992	1.1108
September	1.1048	1.0759	1.0877
October	1.0896	1.0709	1.0797
November	1.0958	1.0319	1.0838
December	1.0975	1.0645	1.0788