2013 BGN to ILS Historical Review

YEARLY HIGH

2.5794 ILS

YEARLY LOW

2.3677 ILS

YEARLY AVERAGE

2.4495 ILS

2013 BGN to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the BGN to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on January 30, valuing the pair at 2.5794. Conversely, the yearly low was recorded on May 12, dropping to 2.3677.

This high-to-low spread represents a total annual volatility of 0.2117 ILS. From a start-to-finish perspective, comparing the January average rate of 2.5389 to the December average rate of 2.4513, the exchange rate registered a net change of -3.45% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2013 high of 2.5794 was down 1.22% compared to the 2012 peak of 2.6112, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 12,897 ILS

2012 Average 12,651 ILS

Yearly Trough Low 11,839 ILS

Transaction Impact: A difference of 1,058.48 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

2.5519

2.3949

JanuMarcMayJulySeptNove

BGN 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 2.4606, compared to 2.4384 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0222 points.

H1 Avg (Jan–Jun) 2.4606

H2 Avg (Jul–Dec) 2.4384

Volatility Range Comparison

Volatility

The most volatile month in 2013 was March, with a trading range of 0.1060 ILS (High: 2.4862 / Low: 2.3801). On the other end, December was the most stable month, with a tight range of 0.0258 ILS (High: 2.4664 / Low: 2.4406).

March Spread (Volatile) ±0.1060

December Spread (Stable) ±0.0258

Growth Streaks & Declines

Trends

Between July and October, 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 February and March, when the average rate fell by 0.0837 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0837

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2013: 2.5389) against the same month in 2012 (average: 2.5101), the exchange rate shifted by +0.0288 (+1.15%).

2013 Avg (January) 2.5389

2012 Avg (January) 2.5101

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.5794	2.5104	2.5389
February	2.5685	2.4864	2.5222
March	2.4862	2.3801	2.4386
April	2.4296	2.3723	2.4100
May	2.4503	2.3677	2.4087
June	2.4655	2.4132	2.4454
July	2.4334	2.3911	2.4080
August	2.4919	2.4080	2.4325
September	2.4575	2.4059	2.4353
October	2.4880	2.4439	2.4653
November	2.4624	2.4130	2.4379
December	2.4664	2.4406	2.4513