2014 DOP to ILS Historical Review

YEARLY HIGH

0.0901 ILS

YEARLY LOW

0.0782 ILS

YEARLY AVERAGE

0.0824 ILS

2014 DOP to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the DOP to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 5, valuing the pair at 0.0901. Conversely, the yearly low was recorded on August 4, dropping to 0.0782.

This high-to-low spread represents a total annual volatility of 0.0119 ILS. From a start-to-finish perspective, comparing the January average rate of 0.0816 to the December average rate of 0.0889, the exchange rate registered a net change of 8.96% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0901 was down 3.80% compared to the 2013 peak of 0.0937, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 451 ILS

2013 Average 434 ILS

Yearly Trough Low 391 ILS

Transaction Impact: A difference of 59.54 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0899

0.0778

JanuMarcMayJulySeptNove

DOP 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 0.0807, compared to 0.0840 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0033 points.

H1 Avg (Jan–Jun) 0.0807

H2 Avg (Jul–Dec) 0.0840

Volatility Range Comparison

Volatility

The most volatile month in 2014 was August, with a trading range of 0.0040 ILS (High: 0.0822 / Low: 0.0782). On the other end, April was the most stable month, with a tight range of 0.0008 ILS (High: 0.0809 / Low: 0.0801).

August Spread (Volatile) ±0.0040

April Spread (Stable) ±0.0008

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 February and March, when the average rate fell by 0.0010 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 0.0889) against the same month in 2013 (average: 0.0823), the exchange rate shifted by +0.0067 (+8.09%).

2014 Avg (December) 0.0889

2013 Avg (December) 0.0823

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0821	0.0813	0.0816
February	0.0824	0.0808	0.0817
March	0.0814	0.0802	0.0806
April	0.0809	0.0801	0.0806
May	0.0808	0.0797	0.0802
June	0.0804	0.0788	0.0796
July	0.0794	0.0784	0.0788
August	0.0822	0.0782	0.0805
September	0.0844	0.0820	0.0834
October	0.0867	0.0840	0.0853
November	0.0883	0.0865	0.0874
December	0.0901	0.0880	0.0889