2014 FJD to ILS Historical Review

YEARLY HIGH

2.0282 ILS

YEARLY LOW

1.8384 ILS

YEARLY AVERAGE

1.9020 ILS

2014 FJD to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the FJD to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 5, valuing the pair at 2.0282. Conversely, the yearly low was recorded on January 30, dropping to 1.8384.

This high-to-low spread represents a total annual volatility of 0.1899 ILS. From a start-to-finish perspective, comparing the January average rate of 1.8535 to the December average rate of 1.9859, the exchange rate registered a net change of 7.14% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 2.0282 was down 5.18% compared to the 2013 peak of 2.1392, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,141 ILS

2013 Average 9,865 ILS

Yearly Trough Low 9,192 ILS

Transaction Impact: A difference of 949.42 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

1.9991

1.8402

JanuMarcMayJulySeptNove

FJD 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 1.8763, compared to 1.9277 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0515 points.

H1 Avg (Jan–Jun) 1.8763

H2 Avg (Jul–Dec) 1.9277

Volatility Range Comparison

Volatility

The most volatile month in 2014 was August, with a trading range of 0.0868 ILS (High: 1.9295 / Low: 1.8426). On the other end, May was the most stable month, with a tight range of 0.0164 ILS (High: 1.8978 / Low: 1.8814).

August Spread (Volatile) ±0.0868

May Spread (Stable) ±0.0164

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 0.0172 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0172

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 1.9859) against the same month in 2013 (average: 1.8652), the exchange rate shifted by +0.1207 (+6.47%).

2014 Avg (December) 1.9859

2013 Avg (December) 1.8652

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.8742	1.8384	1.8535
February	1.8839	1.8502	1.8728
March	1.9049	1.8494	1.8691
April	1.9015	1.8768	1.8919
May	1.8978	1.8814	1.8886
June	1.8943	1.8686	1.8817
July	1.8755	1.8492	1.8645
August	1.9295	1.8426	1.8855
September	1.9422	1.9133	1.9262
October	1.9622	1.8991	1.9351
November	1.9923	1.9427	1.9692
December	2.0282	1.9603	1.9859