2018 PEN to ILS Historical Review

YEARLY HIGH

1.1341 ILS

YEARLY LOW

1.0531 ILS

YEARLY AVERAGE

1.0936 ILS

2018 PEN to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the PEN to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on August 6, valuing the pair at 1.1341. Conversely, the yearly low was recorded on March 13, dropping to 1.0531.

This high-to-low spread represents a total annual volatility of 0.0811 ILS. From a start-to-finish perspective, comparing the January average rate of 1.0637 to the December average rate of 1.1157, the exchange rate registered a net change of 4.88% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 1.1341 was down 2.08% compared to the 2017 peak of 1.1582, 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 5,671 ILS

2017 Average 5,516 ILS

Yearly Trough Low 5,265 ILS

Transaction Impact: A difference of 405.35 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

1.1209

1.0586

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 1.0834, compared to 1.1038 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0204 points.

H1 Avg (Jan–Jun) 1.0834

H2 Avg (Jul–Dec) 1.1038

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 0.0432 ILS (High: 1.1341 / Low: 1.0910). On the other end, July was the most stable month, with a tight range of 0.0169 ILS (High: 1.1209 / Low: 1.1041).

August Spread (Volatile) ±0.0432

July Spread (Stable) ±0.0169

Growth Streaks & Declines

Trends

Between March and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0285 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0285

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2018: 1.1139) against the same month in 2017 (average: 1.1108), the exchange rate shifted by +0.0031 (+0.28%).

2018 Avg (August) 1.1139

2017 Avg (August) 1.1108

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0757	1.0550	1.0637
February	1.0929	1.0660	1.0767
March	1.0874	1.0531	1.0665
April	1.1089	1.0815	1.0954
May	1.1104	1.0861	1.0963
June	1.1178	1.0874	1.1020
July	1.1209	1.1041	1.1120
August	1.1341	1.0910	1.1139
September	1.1032	1.0735	1.0855
October	1.1144	1.0884	1.0978
November	1.1089	1.0883	1.0982
December	1.1281	1.0982	1.1157