2014 ETB to ILS Historical Review

YEARLY HIGH

0.1974 ILS

YEARLY LOW

0.1725 ILS

YEARLY AVERAGE

0.1818 ILS

2014 ETB to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the ETB to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 7, valuing the pair at 0.1974. Conversely, the yearly low was recorded on August 4, dropping to 0.1725.

This high-to-low spread represents a total annual volatility of 0.0249 ILS. From a start-to-finish perspective, comparing the January average rate of 0.1823 to the December average rate of 0.1949, the exchange rate registered a net change of 6.91% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.1974 was down 4.61% compared to the 2013 peak of 0.2069, 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 987 ILS

2013 Average 965 ILS

Yearly Trough Low 862 ILS

Transaction Impact: A difference of 124.60 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.1970

0.1715

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 0.1796, compared to 0.1841 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0044 points.

H1 Avg (Jan–Jun) 0.1796

H2 Avg (Jul–Dec) 0.1841

Volatility Range Comparison

Volatility

The most volatile month in 2014 was August, with a trading range of 0.0072 ILS (High: 0.1797 / Low: 0.1725). On the other end, January was the most stable month, with a tight range of 0.0017 ILS (High: 0.1832 / Low: 0.1815).

August Spread (Volatile) ±0.0072

January Spread (Stable) ±0.0017

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 June and July, when the average rate fell by 0.0027 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0027

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 0.1949) against the same month in 2013 (average: 0.1834), the exchange rate shifted by +0.0115 (+6.27%).

2014 Avg (December) 0.1949

2013 Avg (December) 0.1834

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1832	0.1815	0.1823
February	0.1859	0.1809	0.1827
March	0.1815	0.1788	0.1803
April	0.1796	0.1772	0.1787
May	0.1787	0.1767	0.1776
June	0.1777	0.1747	0.1763
July	0.1748	0.1728	0.1736
August	0.1797	0.1725	0.1764
September	0.1845	0.1793	0.1824
October	0.1889	0.1830	0.1863
November	0.1935	0.1888	0.1908
December	0.1974	0.1927	0.1949