2013 ARS to ILS Historical Review

YEARLY HIGH

0.7660 ILS

YEARLY LOW

0.5330 ILS

YEARLY AVERAGE

0.6641 ILS

2013 ARS to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the ARS to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 0.7660. Conversely, the yearly low was recorded on December 31, dropping to 0.5330.

This high-to-low spread represents a total annual volatility of 0.2331 ILS. From a start-to-finish perspective, comparing the January average rate of 0.7556 to the December average rate of 0.5532, the exchange rate registered a net change of -26.79% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2013 high of 0.7660 was down 14.48% compared to the 2012 peak of 0.8958, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,830 ILS

2012 Average 4,243 ILS

Yearly Trough Low 2,665 ILS

Transaction Impact: A difference of 1,165.29 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

0.7758

0.5329

JanuMarcMayJulySeptNove

ARS 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 0.7159, compared to 0.6122 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1037 points.

H1 Avg (Jan–Jun) 0.7159

H2 Avg (Jul–Dec) 0.6122

Volatility Range Comparison

Volatility

The most volatile month in 2013 was December, with a trading range of 0.0407 ILS (High: 0.5737 / Low: 0.5330). On the other end, February was the most stable month, with a tight range of 0.0099 ILS (High: 0.7406 / Low: 0.7308).

December Spread (Volatile) ±0.0407

February Spread (Stable) ±0.0099

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2013. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0352 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -0.0352

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2013: 0.7556) against the same month in 2012 (average: 0.8819), the exchange rate shifted by -0.1264 (-14.33%).

2013 Avg (January) 0.7556

2012 Avg (January) 0.8819

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7660	0.7469	0.7556
February	0.7406	0.7308	0.7377
March	0.7397	0.7090	0.7236
April	0.7119	0.6931	0.7033
May	0.7033	0.6818	0.6940
June	0.6989	0.6731	0.6813
July	0.6773	0.6482	0.6627
August	0.6470	0.6365	0.6408
September	0.6418	0.6088	0.6228
October	0.6123	0.5964	0.6054
November	0.5968	0.5740	0.5883
December	0.5737	0.5330	0.5532