2014 BHD to ILS Historical Review

YEARLY HIGH

10.5554 ILS

YEARLY LOW

9.0491 ILS

YEARLY AVERAGE

9.4891 ILS

2014 BHD to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the BHD to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 7, valuing the pair at 10.5554. Conversely, the yearly low was recorded on July 15, dropping to 9.0491.

This high-to-low spread represents a total annual volatility of 1.5063 ILS. From a start-to-finish perspective, comparing the January average rate of 9.2666 to the December average rate of 10.4277, the exchange rate registered a net change of 12.53% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 10.5554 was up 5.32% compared to the 2013 peak of 10.0223, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 52,777 ILS

2013 Average 47,871 ILS

Yearly Trough Low 45,245 ILS

Transaction Impact: A difference of 7,531.59 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

10.5623

8.9475

JanuMarcMayJulySeptNove

BHD 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 9.2304, compared to 9.7477 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5173 points.

H1 Avg (Jan–Jun) 9.2304

H2 Avg (Jul–Dec) 9.7477

Volatility Range Comparison

Volatility

The most volatile month in 2014 was August, with a trading range of 0.4262 ILS (High: 9.4773 / Low: 9.0512). On the other end, April was the most stable month, with a tight range of 0.0562 ILS (High: 9.2420 / Low: 9.1858).

August Spread (Volatile) ±0.4262

April Spread (Stable) ±0.0562

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0998 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0998

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 10.4277) against the same month in 2013 (average: 9.2920), the exchange rate shifted by +1.1358 (+12.22%).

2014 Avg (December) 10.4277

2013 Avg (December) 9.2920

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	9.3128	9.2425	9.2666
February	9.3761	9.2650	9.3251
March	9.2797	9.1788	9.2253
April	9.2420	9.1858	9.2174
May	9.2491	9.1400	9.1915
June	9.2248	9.0841	9.1567
July	9.1193	9.0491	9.0821
August	9.4773	9.0512	9.2793
September	9.7591	9.4687	9.6431
October	10.0547	9.7153	9.8896
November	10.3335	10.0495	10.1646
December	10.5554	10.3405	10.4277