YEARLY HIGH
0.2867 ILS
YEARLY LOW
0.2347 ILS
YEARLY AVERAGE
0.2618 ILS

2016 ZAR to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ZAR to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on November 8, valuing the pair at 0.2867. Conversely, the yearly low was recorded on January 18, dropping to 0.2347.

This high-to-low spread represents a total annual volatility of 0.0520 ILS. From a start-to-finish perspective, comparing the January average rate of 0.2426 to the December average rate of 0.2764, the exchange rate registered a net change of 13.94% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.2867 was down 18.30% compared to the 2015 peak of 0.3508, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 14,333 ILS
2015 Average 15,315 ILS
Yearly Trough Low 11,734 ILS
Transaction Impact: A difference of 2,598.77 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.2798
0.2392
JanuMarcMayJulySeptNove

ZAR 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 0.2508, compared to 0.2727 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0219 points.

H1 Avg (Jan–Jun) 0.2508
H2 Avg (Jul–Dec) 0.2727

Volatility Range Comparison

Volatility

The most volatile month in 2016 was August, with a trading range of 0.0278 ILS (High: 0.2859 / Low: 0.2581). On the other end, March was the most stable month, with a tight range of 0.0102 ILS (High: 0.2561 / Low: 0.2459).

August Spread (Volatile) ±0.0278
March Spread (Stable) ±0.0102

Growth Streaks & Declines

Trends

Between January and April, 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 April and May, when the average rate fell by 0.0089 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0089

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2016: 0.2749) against the same month in 2015 (average: 0.2749), the exchange rate shifted by -0.0001 (-0.03%).

2016 Avg (November) 0.2749
2015 Avg (November) 0.2749

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2520 0.2347 0.2426
February 0.2567 0.2412 0.2472
March 0.2561 0.2459 0.2516
April 0.2644 0.2490 0.2582
May 0.2633 0.2435 0.2493
June 0.2656 0.2462 0.2560
July 0.2738 0.2626 0.2678
August 0.2859 0.2581 0.2758
September 0.2776 0.2587 0.2674
October 0.2833 0.2666 0.2741
November 0.2867 0.2673 0.2749
December 0.2827 0.2718 0.2764