2014 BZD to ILS Historical Review

YEARLY HIGH

1.9910 ILS

YEARLY LOW

1.7068 ILS

YEARLY AVERAGE

1.7902 ILS

2014 BZD to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the BZD to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 6, valuing the pair at 1.9910. Conversely, the yearly low was recorded on July 15, dropping to 1.7068.

This high-to-low spread represents a total annual volatility of 0.2842 ILS. From a start-to-finish perspective, comparing the January average rate of 1.7519 to the December average rate of 1.9673, the exchange rate registered a net change of 12.30% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 1.9910 was up 4.06% compared to the 2013 peak of 1.9134, 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 9,955 ILS

2013 Average 9,038 ILS

Yearly Trough Low 8,534 ILS

Transaction Impact: A difference of 1,421.14 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

1.9927

1.6879

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 1.7409, compared to 1.8395 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0986 points.

H1 Avg (Jan–Jun) 1.7409

H2 Avg (Jul–Dec) 1.8395

Volatility Range Comparison

Volatility

The most volatile month in 2014 was August, with a trading range of 0.0814 ILS (High: 1.7895 / Low: 1.7081). On the other end, July was the most stable month, with a tight range of 0.0111 ILS (High: 1.7179 / Low: 1.7068).

August Spread (Volatile) ±0.0814

July Spread (Stable) ±0.0111

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 March and April, when the average rate fell by 0.0219 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0219

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 1.9673) against the same month in 2013 (average: 1.7567), the exchange rate shifted by +0.2106 (+11.99%).

2014 Avg (December) 1.9673

2013 Avg (December) 1.7567

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.7591	1.7441	1.7519
February	1.7743	1.7585	1.7661
March	1.7598	1.7352	1.7478
April	1.7332	1.7199	1.7258
May	1.7444	1.7090	1.7252
June	1.7413	1.7140	1.7284
July	1.7179	1.7068	1.7133
August	1.7895	1.7081	1.7513
September	1.8469	1.7876	1.8199
October	1.8945	1.8347	1.8668
November	1.9491	1.8957	1.9182
December	1.9910	1.9505	1.9673