YEARLY HIGH
0.2933 ILS
YEARLY LOW
0.2448 ILS
YEARLY AVERAGE
0.2706 ILS

2017 ZAR to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the ZAR to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on March 26, valuing the pair at 0.2933. Conversely, the yearly low was recorded on November 13, dropping to 0.2448.

This high-to-low spread represents a total annual volatility of 0.0485 ILS. From a start-to-finish perspective, comparing the January average rate of 0.2810 to the December average rate of 0.2678, the exchange rate registered a net change of -4.69% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.2933 was up 2.34% compared to the 2016 peak of 0.2867, 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 14,667 ILS
2016 Average 13,091 ILS
Yearly Trough Low 12,241 ILS
Transaction Impact: A difference of 2,426.04 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.2861
0.2463
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 0.2771, compared to 0.2641 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0130 points.

H1 Avg (Jan–Jun) 0.2771
H2 Avg (Jul–Dec) 0.2641

Volatility Range Comparison

Volatility

The most volatile month in 2017 was December, with a trading range of 0.0298 ILS (High: 0.2832 / Low: 0.2534). On the other end, January was the most stable month, with a tight range of 0.0072 ILS (High: 0.2860 / Low: 0.2788).

December Spread (Volatile) ±0.0298
January Spread (Stable) ±0.0072

Growth Streaks & Declines

Trends

Between January and March, 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 0.0120 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0120

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2017: 0.2828) against the same month in 2016 (average: 0.2516), the exchange rate shifted by +0.0312 (+12.39%).

2017 Avg (March) 0.2828
2016 Avg (March) 0.2516

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2860 0.2788 0.2810
February 0.2894 0.2775 0.2826
March 0.2933 0.2699 0.2828
April 0.2805 0.2625 0.2717
May 0.2788 0.2644 0.2709
June 0.2789 0.2664 0.2738
July 0.2767 0.2622 0.2704
August 0.2757 0.2658 0.2719
September 0.2772 0.2605 0.2684
October 0.2638 0.2477 0.2564
November 0.2568 0.2448 0.2496
December 0.2832 0.2534 0.2678