2012 GEL to ILS Historical Review

YEARLY HIGH

2.4115 ILS

YEARLY LOW

2.2210 ILS

YEARLY AVERAGE

2.3080 ILS

2012 GEL to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the GEL to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on June 27, valuing the pair at 2.4115. Conversely, the yearly low was recorded on February 3, dropping to 2.2210.

This high-to-low spread represents a total annual volatility of 0.1905 ILS. From a start-to-finish perspective, comparing the January average rate of 2.2815 to the December average rate of 2.2768, the exchange rate registered a net change of -0.21% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2012 high of 2.4115 was up 4.90% compared to the 2011 peak of 2.2989, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 12,058 ILS

2011 Average 10,622 ILS

Yearly Trough Low 11,105 ILS

Transaction Impact: A difference of 952.45 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

2.3937

2.2418

JanuMarcMayJulySeptNove

GEL 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 2.3072, compared to 2.3088 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0016 points.

H1 Avg (Jan–Jun) 2.3072

H2 Avg (Jul–Dec) 2.3088

Volatility Range Comparison

Volatility

The most volatile month in 2012 was October, with a trading range of 0.1179 ILS (High: 2.3449 / Low: 2.2270). On the other end, March was the most stable month, with a tight range of 0.0438 ILS (High: 2.2990 / Low: 2.2552).

October Spread (Volatile) ±0.1179

March Spread (Stable) ±0.0438

Growth Streaks & Declines

Trends

Between February and June, 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 November and December, when the average rate fell by 0.0695 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0695

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2012: 2.3811) against the same month in 2011 (average: 2.0636), the exchange rate shifted by +0.3175 (+15.39%).

2012 Avg (June) 2.3811

2011 Avg (June) 2.0636

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.3150	2.2369	2.2815
February	2.3130	2.2210	2.2544
March	2.2990	2.2552	2.2802
April	2.3100	2.2587	2.2923
May	2.3935	2.3114	2.3540
June	2.4115	2.3636	2.3811
July	2.3568	2.2922	2.3244
August	2.3493	2.2939	2.3248
September	2.3264	2.2524	2.2809
October	2.3449	2.2270	2.2997
November	2.3767	2.3016	2.3463
December	2.3029	2.2491	2.2768