2011 BZD to ILS Historical Review

YEARLY HIGH

1.9167 ILS

YEARLY LOW

1.6896 ILS

YEARLY AVERAGE

1.7988 ILS

2011 BZD to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the BZD to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 1.9167. Conversely, the yearly low was recorded on June 8, dropping to 1.6896.

This high-to-low spread represents a total annual volatility of 0.2271 ILS. From a start-to-finish perspective, comparing the January average rate of 1.8058 to the December average rate of 1.8950, the exchange rate registered a net change of 4.94% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 1.9167 was down 2.12% compared to the 2010 peak of 1.9582, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 9,583 ILS

2010 Average 9,395 ILS

Yearly Trough Low 8,448 ILS

Transaction Impact: A difference of 1,135.43 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

1.9128

1.6993

JanuMarcMayJulySeptNove

BZD 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 1.7708, compared to 1.8267 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0559 points.

H1 Avg (Jan–Jun) 1.7708

H2 Avg (Jul–Dec) 1.8267

Volatility Range Comparison

Volatility

The most volatile month in 2011 was August, with a trading range of 0.1090 ILS (High: 1.8233 / Low: 1.7143). On the other end, July was the most stable month, with a tight range of 0.0455 ILS (High: 1.7471 / Low: 1.7016).

August Spread (Volatile) ±0.1090

July Spread (Stable) ±0.0455

Growth Streaks & Declines

Trends

Between July and September, 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 March and April, when the average rate fell by 0.0695 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0695

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 1.8950) against the same month in 2010 (average: 1.8130), the exchange rate shifted by +0.0820 (+4.52%).

2011 Avg (December) 1.8950

2010 Avg (December) 1.8130

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.8685	1.7735	1.8058
February	1.8695	1.8137	1.8419
March	1.8280	1.7497	1.7934
April	1.7504	1.7000	1.7240
May	1.7857	1.7000	1.7426
June	1.7581	1.6896	1.7174
July	1.7471	1.7016	1.7171
August	1.8233	1.7143	1.7859
September	1.8841	1.7927	1.8522
October	1.8846	1.8022	1.8394
November	1.9085	1.8353	1.8708
December	1.9167	1.8705	1.8950