2012 BTN to ILS Historical Review

YEARLY HIGH

0.0792 ILS

YEARLY LOW

0.0679 ILS

YEARLY AVERAGE

0.0733 ILS

2012 BTN to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the BTN to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on July 26, valuing the pair at 0.0792. Conversely, the yearly low was recorded on December 27, dropping to 0.0679.

This high-to-low spread represents a total annual volatility of 0.0113 ILS. From a start-to-finish perspective, comparing the January average rate of 0.0744 to the December average rate of 0.0691, the exchange rate registered a net change of -7.10% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2012 high of 0.0792 was down 2.59% compared to the 2011 peak of 0.0813, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 396 ILS

2011 Average 384 ILS

Yearly Trough Low 339 ILS

Transaction Impact: A difference of 56.47 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

0.0789

0.0682

JanuMarcMayJulySeptNove

BTN 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 0.0729, compared to 0.0736 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0729

H2 Avg (Jul–Dec) 0.0736

Volatility Range Comparison

Volatility

The most volatile month in 2012 was July, with a trading range of 0.0083 ILS (High: 0.0792 / Low: 0.0709). On the other end, August was the most stable month, with a tight range of 0.0018 ILS (High: 0.0789 / Low: 0.0771).

July Spread (Volatile) ±0.0083

August Spread (Stable) ±0.0018

Growth Streaks & Declines

Trends

Between June and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0032 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0032

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2012: 0.0747) against the same month in 2011 (average: 0.0770), the exchange rate shifted by -0.0023 (-2.93%).

2012 Avg (July) 0.0747

2011 Avg (July) 0.0770

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0761	0.0717	0.0744
February	0.0770	0.0750	0.0759
March	0.0767	0.0726	0.0747
April	0.0735	0.0712	0.0725
May	0.0718	0.0688	0.0704
June	0.0703	0.0682	0.0695
July	0.0792	0.0709	0.0747
August	0.0789	0.0771	0.0780
September	0.0783	0.0720	0.0760
October	0.0778	0.0711	0.0727
November	0.0724	0.0694	0.0711
December	0.0704	0.0679	0.0691