2011 AFN to ILS Historical Review

YEARLY HIGH

0.0864 ILS

YEARLY LOW

0.0744 ILS

YEARLY AVERAGE

0.0809 ILS

2011 AFN to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the AFN to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 0.0864. Conversely, the yearly low was recorded on October 30, dropping to 0.0744.

This high-to-low spread represents a total annual volatility of 0.0120 ILS. From a start-to-finish perspective, comparing the January average rate of 0.0834 to the December average rate of 0.0814, the exchange rate registered a net change of -2.46% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0864 was down 2.22% compared to the 2010 peak of 0.0883, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 AFN based on timing:

Yearly Peak High 432 ILS

2010 Average 413 ILS

Yearly Trough Low 372 ILS

Transaction Impact: A difference of 59.88 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0860

0.0750

JanuMarcMayJulySeptNove

AFN 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 0.0818, compared to 0.0801 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0017 points.

H1 Avg (Jan–Jun) 0.0818

H2 Avg (Jul–Dec) 0.0801

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 0.0094 ILS (High: 0.0862 / Low: 0.0768). On the other end, July was the most stable month, with a tight range of 0.0016 ILS (High: 0.0804 / Low: 0.0788).

September Spread (Volatile) ±0.0094

July Spread (Stable) ±0.0016

Growth Streaks & Declines

Trends

Between June and September, 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 September and October, when the average rate fell by 0.0079 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0079

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2011: 0.0851) against the same month in 2010 (average: 0.0785), the exchange rate shifted by +0.0066 (+8.42%).

2011 Avg (February) 0.0851

2010 Avg (February) 0.0785

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0863	0.0819	0.0834
February	0.0864	0.0838	0.0851
March	0.0845	0.0808	0.0828
April	0.0809	0.0788	0.0797
May	0.0822	0.0785	0.0805
June	0.0809	0.0783	0.0793
July	0.0804	0.0788	0.0794
August	0.0839	0.0794	0.0825
September	0.0862	0.0768	0.0838
October	0.0777	0.0744	0.0759
November	0.0817	0.0757	0.0774
December	0.0835	0.0772	0.0814