2011 DJF to ILS Historical Review

YEARLY HIGH

0.0214 ILS

YEARLY LOW

0.0189 ILS

YEARLY AVERAGE

0.0201 ILS

2011 DJF to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the DJF to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.0214. Conversely, the yearly low was recorded on June 7, dropping to 0.0189.

This high-to-low spread represents a total annual volatility of 0.0025 ILS. From a start-to-finish perspective, comparing the January average rate of 0.0202 to the December average rate of 0.0212, the exchange rate registered a net change of 4.96% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0214 was down 2.14% compared to the 2010 peak of 0.0219, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 107 ILS

2010 Average 105 ILS

Yearly Trough Low 95 ILS

Transaction Impact: A difference of 12.51 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0214

0.0190

JanuMarcMayJulySeptNove

DJF 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 0.0198, compared to 0.0205 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0198

H2 Avg (Jul–Dec) 0.0205

Volatility Range Comparison

Volatility

The most volatile month in 2011 was August, with a trading range of 0.0011 ILS (High: 0.0203 / Low: 0.0192). On the other end, July was the most stable month, with a tight range of 0.0004 ILS (High: 0.0195 / Low: 0.0191).

August Spread (Volatile) ±0.0011

July Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between June and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0008 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 0.0212) against the same month in 2010 (average: 0.0203), the exchange rate shifted by +0.0009 (+4.54%).

2011 Avg (December) 0.0212

2010 Avg (December) 0.0203

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0209	0.0198	0.0202
February	0.0209	0.0203	0.0206
March	0.0204	0.0196	0.0201
April	0.0196	0.0191	0.0193
May	0.0199	0.0190	0.0195
June	0.0196	0.0189	0.0192
July	0.0195	0.0191	0.0192
August	0.0203	0.0192	0.0200
September	0.0211	0.0201	0.0207
October	0.0211	0.0202	0.0206
November	0.0214	0.0206	0.0210
December	0.0214	0.0210	0.0212