2011 BBD to ILS Historical Review

YEARLY HIGH

1.9097 ILS

YEARLY LOW

1.6819 ILS

YEARLY AVERAGE

1.7895 ILS

2011 BBD to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the BBD to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 1.9097. Conversely, the yearly low was recorded on June 7, dropping to 1.6819.

This high-to-low spread represents a total annual volatility of 0.2278 ILS. From a start-to-finish perspective, comparing the January average rate of 1.7945 to the December average rate of 1.8881, the exchange rate registered a net change of 5.22% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 1.9097 was down 1.86% compared to the 2010 peak of 1.9459, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 9,549 ILS

2010 Average 9,336 ILS

Yearly Trough Low 8,409 ILS

Transaction Impact: A difference of 1,139.24 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

1.9062

1.6891

JanuMarcMayJulySeptNove

BBD 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 1.7603, compared to 1.8186 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0583 points.

H1 Avg (Jan–Jun) 1.7603

H2 Avg (Jul–Dec) 1.8186

Volatility Range Comparison

Volatility

The most volatile month in 2011 was August, with a trading range of 0.0971 ILS (High: 1.8051 / Low: 1.7081). On the other end, July was the most stable month, with a tight range of 0.0334 ILS (High: 1.7298 / Low: 1.6964).

August Spread (Volatile) ±0.0971

July Spread (Stable) ±0.0334

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 0.0671 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0671

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 1.8881) against the same month in 2010 (average: 1.8017), the exchange rate shifted by +0.0864 (+4.79%).

2011 Avg (December) 1.8881

2010 Avg (December) 1.8017

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.8568	1.7624	1.7945
February	1.8578	1.8024	1.8304
March	1.8165	1.7388	1.7822
April	1.7395	1.6940	1.7151
May	1.7680	1.6874	1.7324
June	1.7401	1.6819	1.7072
July	1.7298	1.6964	1.7083
August	1.8051	1.7081	1.7748
September	1.8718	1.7865	1.8434
October	1.8781	1.7960	1.8331
November	1.8989	1.8290	1.8640
December	1.9097	1.8639	1.8881