YEARLY HIGH
2.8864 ILS
YEARLY LOW
2.6335 ILS
YEARLY AVERAGE
2.7809 ILS

2016 SGD to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the SGD to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on July 9, valuing the pair at 2.8864. Conversely, the yearly low was recorded on December 22, dropping to 2.6335.

This high-to-low spread represents a total annual volatility of 0.2530 ILS. From a start-to-finish perspective, comparing the January average rate of 2.7575 to the December average rate of 2.6675, the exchange rate registered a net change of -3.27% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 2.8864 was down 3.19% compared to the 2015 peak of 2.9817, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 14,432 ILS
2015 Average 14,140 ILS
Yearly Trough Low 13,167 ILS
Transaction Impact: A difference of 1,264.80 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

2.8753
2.6486
JanuMarcMayJulySeptNove

SGD 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 2.7967, compared to 2.7651 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0316 points.

H1 Avg (Jan–Jun) 2.7967
H2 Avg (Jul–Dec) 2.7651

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.0780 ILS (High: 2.8737 / Low: 2.7956). On the other end, October was the most stable month, with a tight range of 0.0249 ILS (High: 2.7702 / Low: 2.7453).

June Spread (Volatile) ±0.0780
October Spread (Stable) ±0.0249

Growth Streaks & Declines

Trends

Between January and March, 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 November and December, when the average rate fell by 0.0541 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0541

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2016: 2.8564) against the same month in 2015 (average: 2.7853), the exchange rate shifted by +0.0711 (+2.55%).

2016 Avg (July) 2.8564
2015 Avg (July) 2.7853

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.7860 2.7229 2.7575
February 2.7959 2.7586 2.7794
March 2.8449 2.7744 2.8170
April 2.8150 2.7766 2.7929
May 2.8109 2.7458 2.7828
June 2.8737 2.7956 2.8504
July 2.8864 2.8274 2.8564
August 2.8528 2.7751 2.8160
September 2.7876 2.7505 2.7689
October 2.7702 2.7453 2.7602
November 2.7537 2.6771 2.7216
December 2.6885 2.6335 2.6675