2012 FKP to ILS Historical Review

YEARLY HIGH

6.4050 ILS

YEARLY LOW

5.8532 ILS

YEARLY AVERAGE

6.1077 ILS

2012 FKP to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the FKP to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on September 6, valuing the pair at 6.4050. Conversely, the yearly low was recorded on January 19, dropping to 5.8532.

This high-to-low spread represents a total annual volatility of 0.5518 ILS. From a start-to-finish perspective, comparing the January average rate of 5.9078 to the December average rate of 6.0965, the exchange rate registered a net change of 3.19% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2012 high of 6.4050 was up 7.07% compared to the 2011 peak of 5.9822, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 32,025 ILS

2011 Average 28,682 ILS

Yearly Trough Low 29,266 ILS

Transaction Impact: A difference of 2,759.04 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

6.3935

5.8636

JanuMarcMayJulySeptNove

FKP 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 5.9840, compared to 6.2314 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2474 points.

H1 Avg (Jan–Jun) 5.9840

H2 Avg (Jul–Dec) 6.2314

Volatility Range Comparison

Volatility

The most volatile month in 2012 was July, with a trading range of 0.2883 ILS (High: 6.3841 / Low: 6.0959). On the other end, September was the most stable month, with a tight range of 0.0940 ILS (High: 6.4050 / Low: 6.3110).

July Spread (Volatile) ±0.2883

September Spread (Stable) ±0.0940

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.1557 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.1557

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2012: 6.3493) against the same month in 2011 (average: 5.8251), the exchange rate shifted by +0.5242 (+9.00%).

2012 Avg (September) 6.3493

2011 Avg (September) 5.8251

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	6.0118	5.8532	5.9078
February	6.0123	5.8632	5.9090
March	6.0272	5.9108	5.9545
April	6.0981	5.9295	5.9983
May	6.1609	6.0186	6.0897
June	6.1546	5.9840	6.0446
July	6.3841	6.0959	6.2204
August	6.3823	6.1646	6.3049
September	6.4050	6.3110	6.3493
October	6.3086	6.1180	6.1936
November	6.3014	6.1128	6.2236
December	6.1550	6.0108	6.0965