2017 TRY to ILS Historical Review

YEARLY HIGH

1.0910 ILS

YEARLY LOW

0.8850 ILS

YEARLY AVERAGE

0.9879 ILS

2017 TRY to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the TRY to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 1.0910. Conversely, the yearly low was recorded on November 28, dropping to 0.8850.

This high-to-low spread represents a total annual volatility of 0.2060 ILS. From a start-to-finish perspective, comparing the January average rate of 1.0206 to the December average rate of 0.9119, the exchange rate registered a net change of -10.65% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 1.0910 was down 19.47% compared to the 2016 peak of 1.3548, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 TRY based on timing:

Yearly Peak High 54,551 ILS

2016 Average 63,677 ILS

Yearly Trough Low 44,249 ILS

Transaction Impact: A difference of 10,301.90 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1.0391

0.8914

JanuMarcMayJulySeptNove

TRY 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 1.0070, compared to 0.9687 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0383 points.

H1 Avg (Jan–Jun) 1.0070

H2 Avg (Jul–Dec) 0.9687

Volatility Range Comparison

Volatility

The most volatile month in 2017 was January, with a trading range of 0.1180 ILS (High: 1.0910 / Low: 0.9730). On the other end, June was the most stable month, with a tight range of 0.0209 ILS (High: 1.0111 / Low: 0.9902).

January Spread (Volatile) ±0.1180

June Spread (Stable) ±0.0209

Growth Streaks & Declines

Trends

Between March and May, 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 0.0630 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0630

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 1.0206) against the same month in 2016 (average: 1.3155), the exchange rate shifted by -0.2949 (-22.42%).

2017 Avg (January) 1.0206

2016 Avg (January) 1.3155

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0910	0.9730	1.0206
February	1.0364	1.0001	1.0169
March	1.0102	0.9777	0.9950
April	1.0215	0.9780	0.9999
May	1.0240	0.9914	1.0065
June	1.0111	0.9902	1.0033
July	1.0159	0.9729	0.9980
August	1.0424	1.0089	1.0268
September	1.0440	0.9899	1.0175
October	0.9917	0.9236	0.9544
November	0.9228	0.8850	0.9037
December	0.9233	0.8883	0.9119