2017 SEK to ILS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 SEK to ILS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the SEK to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on August 31, valuing the pair at 0.4511. Conversely, the yearly low was recorded on April 9, dropping to 0.4016.
This high-to-low spread represents a total annual volatility of 0.0495 ILS. From a start-to-finish perspective, comparing the January average rate of 0.4265 to the December average rate of 0.4177, the exchange rate registered a net change of -2.08% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2017 high of 0.4511 was down 4.53% compared to the 2016 peak of 0.4725, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SEK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
SEK to ILS Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 0.4129, compared to 0.4301 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0172 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was February, with a trading range of 0.0282 ILS (High: 0.4313 / Low: 0.4031). On the other end, January was the most stable month, with a tight range of 0.0092 ILS (High: 0.4311 / Low: 0.4219).
Growth Streaks & Declines
TrendsBetween 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 September and October, when the average rate fell by 0.0119 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2017: 0.4455) against the same month in 2016 (average: 0.4481), the exchange rate shifted by -0.0025 (-0.56%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 0.4311 | 0.4219 | 0.4265 |
| February | 0.4313 | 0.4031 | 0.4179 |
| March | 0.4143 | 0.4045 | 0.4098 |
| April | 0.4154 | 0.4016 | 0.4070 |
| May | 0.4134 | 0.4040 | 0.4091 |
| June | 0.4139 | 0.4030 | 0.4068 |
| July | 0.4410 | 0.4128 | 0.4270 |
| August | 0.4511 | 0.4391 | 0.4455 |
| September | 0.4489 | 0.4338 | 0.4412 |
| October | 0.4350 | 0.4204 | 0.4293 |
| November | 0.4247 | 0.4147 | 0.4198 |
| December | 0.4252 | 0.4131 | 0.4177 |