2018 TRY to ILS Historical Review

YEARLY HIGH

0.9461 ILS

YEARLY LOW

0.5316 ILS

YEARLY AVERAGE

0.7639 ILS

2018 TRY to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the TRY to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on February 18, valuing the pair at 0.9461. Conversely, the yearly low was recorded on August 13, dropping to 0.5316.

This high-to-low spread represents a total annual volatility of 0.4144 ILS. From a start-to-finish perspective, comparing the January average rate of 0.9072 to the December average rate of 0.7069, the exchange rate registered a net change of -22.08% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.9461 was down 13.29% compared to the 2017 peak of 1.0910, 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 47,303 ILS

2017 Average 49,386 ILS

Yearly Trough Low 26,582 ILS

Transaction Impact: A difference of 20,720.99 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.9597

0.5339

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 0.8638, compared to 0.6640 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1998 points.

H1 Avg (Jan–Jun) 0.8638

H2 Avg (Jul–Dec) 0.6640

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 0.2052 ILS (High: 0.7368 / Low: 0.5316). On the other end, December was the most stable month, with a tight range of 0.0246 ILS (High: 0.7175 / Low: 0.6929).

August Spread (Volatile) ±0.2052

December Spread (Stable) ±0.0246

Growth Streaks & Declines

Trends

Between September and December, 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 0.1411 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.1411

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 0.9242) against the same month in 2017 (average: 1.0169), the exchange rate shifted by -0.0927 (-9.12%).

2018 Avg (February) 0.9242

2017 Avg (February) 1.0169

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9208	0.8935	0.9072
February	0.9461	0.9133	0.9242
March	0.9106	0.8740	0.8905
April	0.8872	0.8471	0.8710
May	0.8786	0.7496	0.8114
June	0.7990	0.7626	0.7786
July	0.7963	0.7456	0.7638
August	0.7368	0.5316	0.6227
September	0.6011	0.5429	0.5694
October	0.6785	0.5875	0.6300
November	0.7179	0.6700	0.6913
December	0.7175	0.6929	0.7069