2011 BAM to ILS Historical Review

YEARLY HIGH

2.6637 ILS

YEARLY LOW

2.3467 ILS

YEARLY AVERAGE

2.5427 ILS

2011 BAM to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the BAM to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on August 26, valuing the pair at 2.6637. Conversely, the yearly low was recorded on January 11, dropping to 2.3467.

This high-to-low spread represents a total annual volatility of 0.3169 ILS. From a start-to-finish perspective, comparing the January average rate of 2.4507 to the December average rate of 2.5426, the exchange rate registered a net change of 3.75% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 2.6637 was down 4.10% compared to the 2010 peak of 2.7775, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 13,318 ILS

2010 Average 12,646 ILS

Yearly Trough Low 11,734 ILS

Transaction Impact: A difference of 1,584.71 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

2.6141

2.4358

JanuMarcMayJulySeptNove

BAM 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 2.5219, compared to 2.5634 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0415 points.

H1 Avg (Jan–Jun) 2.5219

H2 Avg (Jul–Dec) 2.5634

Volatility Range Comparison

Volatility

The most volatile month in 2011 was January, with a trading range of 0.2524 ILS (High: 2.5991 / Low: 2.3467). On the other end, June was the most stable month, with a tight range of 0.0339 ILS (High: 2.5268 / Low: 2.4929).

January Spread (Volatile) ±0.2524

June Spread (Stable) ±0.0339

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2011. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0397 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0397

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2011: 2.5993) against the same month in 2010 (average: 2.4992), the exchange rate shifted by +0.1001 (+4.01%).

2011 Avg (August) 2.5993

2010 Avg (August) 2.4992

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.5991	2.3467	2.4507
February	2.6026	2.4951	2.5519
March	2.5785	2.5174	2.5499
April	2.5692	2.4994	2.5317
May	2.5870	2.5060	2.5378
June	2.5268	2.4929	2.5095
July	2.5202	2.4688	2.4929
August	2.6637	2.4972	2.5993
September	2.6499	2.5523	2.5947
October	2.5993	2.5274	2.5686
November	2.6067	2.5675	2.5823
December	2.5935	2.5143	2.5426