YEARLY HIGH
2.6941 ILS
YEARLY LOW
2.5315 ILS
YEARLY AVERAGE
2.6053 ILS

2017 SGD to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the SGD to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 2.6941. Conversely, the yearly low was recorded on June 29, dropping to 2.5315.

This high-to-low spread represents a total annual volatility of 0.1625 ILS. From a start-to-finish perspective, comparing the January average rate of 2.6694 to the December average rate of 2.6001, the exchange rate registered a net change of -2.60% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 2.6941 was down 6.67% compared to the 2016 peak of 2.8864, 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 13,470 ILS
2016 Average 13,904 ILS
Yearly Trough Low 12,658 ILS
Transaction Impact: A difference of 812.71 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

2.6812
2.5393
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 2.6060, compared to 2.6045 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0015 points.

H1 Avg (Jan–Jun) 2.6060
H2 Avg (Jul–Dec) 2.6045

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 0.0939 ILS (High: 2.6282 / Low: 2.5343). On the other end, March was the most stable month, with a tight range of 0.0349 ILS (High: 2.6221 / Low: 2.5872).

July Spread (Volatile) ±0.0939
March Spread (Stable) ±0.0349

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 January and February, when the average rate fell by 0.0370 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0370

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 2.6694) against the same month in 2016 (average: 2.7575), the exchange rate shifted by -0.0881 (-3.20%).

2017 Avg (January) 2.6694
2016 Avg (January) 2.7575

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.6941 2.6350 2.6694
February 2.6703 2.5923 2.6324
March 2.6221 2.5872 2.5999
April 2.6277 2.5921 2.6090
May 2.5959 2.5536 2.5743
June 2.5688 2.5315 2.5511
July 2.6282 2.5343 2.5894
August 2.6709 2.6196 2.6460
September 2.6387 2.5937 2.6153
October 2.6047 2.5638 2.5823
November 2.6105 2.5718 2.5944
December 2.6249 2.5850 2.6001