YEARLY HIGH
28.6860 CVE
YEARLY LOW
25.7675 CVE
YEARLY AVERAGE
27.2660 CVE

2017 ILS to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the ILS to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on February 28, valuing the pair at 28.6860. Conversely, the yearly low was recorded on August 29, dropping to 25.7675.

This high-to-low spread represents a total annual volatility of 2.9185 CVE. From a start-to-finish perspective, comparing the January average rate of 27.2336 to the December average rate of 26.6962, the exchange rate registered a net change of -1.97% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 28.6860 was up 3.36% compared to the 2016 peak of 27.7544, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 143,430 CVE
2016 Average 129,820 CVE
Yearly Trough Low 128,837 CVE
Transaction Impact: A difference of 14,592.44 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

28.5591
25.7572
JanuMarcMayJulySeptNove

ILS to CVE 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 27.9311, compared to 26.6008 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.3303 points.

H1 Avg (Jan–Jun) 27.9311
H2 Avg (Jul–Dec) 26.6008

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 1.5728 CVE (High: 27.8121 / Low: 26.2393). On the other end, December was the most stable month, with a tight range of 0.3240 CVE (High: 26.8453 / Low: 26.5213).

July Spread (Volatile) ±1.5728
December Spread (Stable) ±0.3240

Growth Streaks & Declines

Trends

Between August and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 1.0402 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.0402

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2017: 27.9196) against the same month in 2016 (average: 25.4544), the exchange rate shifted by +2.4651 (+9.68%).

2017 Avg (February) 27.9196
2016 Avg (February) 25.4544

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 27.4740 26.9990 27.2336
February 28.6860 27.2571 27.9196
March 28.6507 28.0486 28.3256
April 28.6560 27.8179 28.3135
May 28.2494 27.4726 27.8803
June 28.1271 27.6920 27.9139
July 27.8121 26.2393 27.0309
August 26.2717 25.7675 25.9907
September 26.5973 26.0334 26.3026
October 27.0459 26.5011 26.7733
November 27.1999 26.4131 26.8112
December 26.8453 26.5213 26.6962