2016 CVE to ILS Historical Review

YEARLY HIGH

0.0398 ILS

YEARLY LOW

0.0360 ILS

YEARLY AVERAGE

0.0385 ILS

2016 CVE to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the CVE to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on February 11, valuing the pair at 0.0398. Conversely, the yearly low was recorded on December 22, dropping to 0.0360.

This high-to-low spread represents a total annual volatility of 0.0038 ILS. From a start-to-finish perspective, comparing the January average rate of 0.0389 to the December average rate of 0.0366, the exchange rate registered a net change of -5.85% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0398 was down 7.98% compared to the 2015 peak of 0.0432, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 199 ILS

2015 Average 196 ILS

Yearly Trough Low 180 ILS

Transaction Impact: A difference of 18.81 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0396

0.0364

JanuMarcMayJulySeptNove

CVE 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 0.0391, compared to 0.0380 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 0.0391

H2 Avg (Jul–Dec) 0.0380

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0015 ILS (High: 0.0384 / Low: 0.0368). On the other end, September was the most stable month, with a tight range of 0.0004 ILS (High: 0.0385 / Low: 0.0381).

November Spread (Volatile) ±0.0015

September Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between April and June, 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 November and December, when the average rate fell by 0.0010 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2016: 0.0393) against the same month in 2015 (average: 0.0402), the exchange rate shifted by -0.0009 (-2.18%).

2016 Avg (February) 0.0393

2015 Avg (February) 0.0402

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0393	0.0383	0.0389
February	0.0398	0.0386	0.0393
March	0.0395	0.0383	0.0390
April	0.0392	0.0383	0.0388
May	0.0396	0.0388	0.0392
June	0.0396	0.0385	0.0393
July	0.0391	0.0383	0.0387
August	0.0387	0.0382	0.0386
September	0.0385	0.0381	0.0383
October	0.0385	0.0380	0.0382
November	0.0384	0.0368	0.0376
December	0.0375	0.0360	0.0366