2011 AOA to ILS Historical Review

YEARLY HIGH

0.0403 ILS

YEARLY LOW

0.0361 ILS

YEARLY AVERAGE

0.0383 ILS

2011 AOA to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the AOA to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.0403. Conversely, the yearly low was recorded on June 7, dropping to 0.0361.

This high-to-low spread represents a total annual volatility of 0.0042 ILS. From a start-to-finish perspective, comparing the January average rate of 0.0387 to the December average rate of 0.0398, the exchange rate registered a net change of 2.87% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0403 was down 5.07% compared to the 2010 peak of 0.0425, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 202 ILS

2010 Average 204 ILS

Yearly Trough Low 181 ILS

Transaction Impact: A difference of 20.76 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0401

0.0364

JanuMarcMayJulySeptNove

AOA 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 0.0379, compared to 0.0386 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.0379

H2 Avg (Jul–Dec) 0.0386

Volatility Range Comparison

Volatility

The most volatile month in 2011 was August, with a trading range of 0.0021 ILS (High: 0.0388 / Low: 0.0367). On the other end, July was the most stable month, with a tight range of 0.0007 ILS (High: 0.0372 / Low: 0.0365).

August Spread (Volatile) ±0.0021

July Spread (Stable) ±0.0007

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 March and April, when the average rate fell by 0.0015 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0015

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 0.0398) against the same month in 2010 (average: 0.0391), the exchange rate shifted by +0.0007 (+1.81%).

2011 Avg (December) 0.0398

2010 Avg (December) 0.0391

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0400	0.0380	0.0387
February	0.0400	0.0387	0.0394
March	0.0391	0.0373	0.0383
April	0.0374	0.0364	0.0369
May	0.0379	0.0363	0.0372
June	0.0374	0.0361	0.0367
July	0.0372	0.0365	0.0367
August	0.0388	0.0367	0.0381
September	0.0399	0.0383	0.0393
October	0.0398	0.0379	0.0387
November	0.0400	0.0385	0.0393
December	0.0403	0.0393	0.0398