2017 ZMK to ILS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 ZMK to ILS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the ZMK to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 3.8436. Conversely, the yearly low was recorded on May 6, dropping to 0.0007.
This high-to-low spread represents a total annual volatility of 3.8430 ILS. From a start-to-finish perspective, comparing the January average rate of 0.8617 to the December average rate of 3.5003, the exchange rate registered a net change of 306.20% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 3.8436 was up 506777.78% compared to the 2016 peak of 0.0008, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 ZMK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
ZMK to ILS Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 1.4351, compared to 3.5347 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.0996 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was January, with a trading range of 3.8429 ILS (High: 3.8436 / Low: 0.0007). On the other end, April was the most stable month, with a tight range of 0.0000 ILS (High: 0.0007 / Low: 0.0007).
Growth Streaks & Declines
TrendsBetween April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 2.1366 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2017: 0.8617) against the same month in 2016 (average: 0.0008), the exchange rate shifted by +0.8610 (+114548.23%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 3.8436 | 0.0007 | 0.8617 |
| February | 3.7529 | 0.0007 | 2.1373 |
| March | 0.0007 | 0.0007 | 0.0007 |
| April | 0.0007 | 0.0007 | 0.0007 |
| May | 3.6115 | 0.0007 | 2.0796 |
| June | 3.5514 | 3.4884 | 3.5304 |
| July | 3.5795 | 3.4884 | 3.5482 |
| August | 3.6347 | 3.5609 | 3.6003 |
| September | 3.5818 | 3.4933 | 3.5307 |
| October | 3.5357 | 3.4879 | 3.5111 |
| November | 3.5491 | 3.4938 | 3.5175 |
| December | 3.5500 | 3.4638 | 3.5003 |