2015 BTN to ILS Historical Review

YEARLY HIGH

0.0652 ILS

YEARLY LOW

0.0573 ILS

YEARLY AVERAGE

0.0607 ILS

2015 BTN to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the BTN to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on January 25, valuing the pair at 0.0652. Conversely, the yearly low was recorded on December 5, dropping to 0.0573.

This high-to-low spread represents a total annual volatility of 0.0079 ILS. From a start-to-finish perspective, comparing the January average rate of 0.0634 to the December average rate of 0.0582, the exchange rate registered a net change of -8.27% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.0652 was up 1.40% compared to the 2014 peak of 0.0643, 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 326 ILS

2014 Average 293 ILS

Yearly Trough Low 286 ILS

Transaction Impact: A difference of 39.75 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.0646

0.0576

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 0.0623, compared to 0.0590 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0032 points.

H1 Avg (Jan–Jun) 0.0623

H2 Avg (Jul–Dec) 0.0590

Volatility Range Comparison

Volatility

The most volatile month in 2015 was April, with a trading range of 0.0034 ILS (High: 0.0643 / Low: 0.0609). On the other end, October was the most stable month, with a tight range of 0.0011 ILS (High: 0.0600 / Low: 0.0589).

April Spread (Volatile) ±0.0034

October Spread (Stable) ±0.0011

Growth Streaks & Declines

Trends

Between August and October, 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 April and May, when the average rate fell by 0.0021 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0021

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2015: 0.0634) against the same month in 2014 (average: 0.0563), the exchange rate shifted by +0.0072 (+12.71%).

2015 Avg (January) 0.0634

2014 Avg (January) 0.0563

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0652	0.0619	0.0634
February	0.0644	0.0617	0.0628
March	0.0648	0.0631	0.0641
April	0.0643	0.0609	0.0628
May	0.0613	0.0599	0.0607
June	0.0610	0.0590	0.0599
July	0.0605	0.0589	0.0596
August	0.0597	0.0580	0.0590
September	0.0599	0.0582	0.0591
October	0.0600	0.0589	0.0595
November	0.0600	0.0582	0.0589
December	0.0588	0.0573	0.0582