2019 PEN to ILS Historical Review

YEARLY HIGH

1.1108 ILS

YEARLY LOW

1.0203 ILS

YEARLY AVERAGE

1.0682 ILS

2019 PEN to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the PEN to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on January 18, valuing the pair at 1.1108. Conversely, the yearly low was recorded on November 29, dropping to 1.0203.

This high-to-low spread represents a total annual volatility of 0.0905 ILS. From a start-to-finish perspective, comparing the January average rate of 1.1027 to the December average rate of 1.0366, the exchange rate registered a net change of -5.99% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 1.1108 was down 2.05% compared to the 2018 peak of 1.1341, 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 5,554 ILS

2018 Average 5,469 ILS

Yearly Trough Low 5,102 ILS

Transaction Impact: A difference of 452.59 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

1.1095

1.0277

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 1.0892, compared to 1.0473 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0420 points.

H1 Avg (Jan–Jun) 1.0892

H2 Avg (Jul–Dec) 1.0473

Volatility Range Comparison

Volatility

The most volatile month in 2019 was September, with a trading range of 0.0366 ILS (High: 1.0662 / Low: 1.0296). On the other end, March was the most stable month, with a tight range of 0.0100 ILS (High: 1.1002 / Low: 1.0903).

September Spread (Volatile) ±0.0366

March Spread (Stable) ±0.0100

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2019. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0379 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0379

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 1.1027) against the same month in 2018 (average: 1.0637), the exchange rate shifted by +0.0390 (+3.66%).

2019 Avg (January) 1.1027

2018 Avg (January) 1.0637

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.1108	1.0910	1.1027
February	1.0960	1.0838	1.0915
March	1.1002	1.0903	1.0947
April	1.0945	1.0804	1.0877
May	1.0852	1.0722	1.0779
June	1.0962	1.0714	1.0810
July	1.0860	1.0612	1.0769
August	1.0588	1.0253	1.0391
September	1.0662	1.0296	1.0488
October	1.0616	1.0277	1.0477
November	1.0540	1.0203	1.0345
December	1.0484	1.0235	1.0366