2011 ETB to ILS Historical Review

YEARLY HIGH

0.2915 ILS

YEARLY LOW

0.1992 ILS

YEARLY AVERAGE

0.2286 ILS

2011 ETB to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the ETB to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on January 31, valuing the pair at 0.2915. Conversely, the yearly low was recorded on July 3, dropping to 0.1992.

This high-to-low spread represents a total annual volatility of 0.0923 ILS. From a start-to-finish perspective, comparing the January average rate of 0.2820 to the December average rate of 0.2189, the exchange rate registered a net change of -22.37% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.2915 was down 17.19% compared to the 2010 peak of 0.3520, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,457 ILS

2010 Average 1,615 ILS

Yearly Trough Low 996 ILS

Transaction Impact: A difference of 461.39 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.2956

0.1925

JanuMarcMayJulySeptNove

ETB 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 0.2447, compared to 0.2125 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0322 points.

H1 Avg (Jan–Jun) 0.2447

H2 Avg (Jul–Dec) 0.2125

Volatility Range Comparison

Volatility

The most volatile month in 2011 was April, with a trading range of 0.0703 ILS (High: 0.2718 / Low: 0.2015). On the other end, December was the most stable month, with a tight range of 0.0044 ILS (High: 0.2210 / Low: 0.2166).

April Spread (Volatile) ±0.0703

December Spread (Stable) ±0.0044

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 0.0660 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0660

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 0.2820) against the same month in 2010 (average: 0.3452), the exchange rate shifted by -0.0632 (-18.31%).

2011 Avg (January) 0.2820

2010 Avg (January) 0.3452

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2915	0.2772	0.2820
February	0.2912	0.2827	0.2870
March	0.2844	0.2718	0.2788
April	0.2718	0.2015	0.2128
May	0.2101	0.2005	0.2058
June	0.2058	0.1992	0.2020
July	0.2039	0.1992	0.2011
August	0.2115	0.2008	0.2082
September	0.2188	0.2093	0.2156
October	0.2195	0.2096	0.2141
November	0.2210	0.2135	0.2170
December	0.2210	0.2166	0.2189