2011 GHS to ILS Historical Review

YEARLY HIGH

2.6395 ILS

YEARLY LOW

2.2083 ILS

YEARLY AVERAGE

2.3175 ILS

2011 GHS to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the GHS to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on February 18, valuing the pair at 2.6395. Conversely, the yearly low was recorded on June 7, dropping to 2.2083.

This high-to-low spread represents a total annual volatility of 0.4312 ILS. From a start-to-finish perspective, comparing the January average rate of 2.3872 to the December average rate of 2.3024, the exchange rate registered a net change of -3.55% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 2.6395 was down 3.14% compared to the 2010 peak of 2.7250, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 13,198 ILS

2010 Average 13,029 ILS

Yearly Trough Low 11,042 ILS

Transaction Impact: A difference of 2,156.06 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

2.4501

2.2345

JanuMarcMayJulySeptNove

GHS 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 2.3301, compared to 2.3049 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0252 points.

H1 Avg (Jan–Jun) 2.3301

H2 Avg (Jul–Dec) 2.3049

Volatility Range Comparison

Volatility

The most volatile month in 2011 was February, with a trading range of 0.2987 ILS (High: 2.6395 / Low: 2.3409). On the other end, July was the most stable month, with a tight range of 0.0540 ILS (High: 2.2828 / Low: 2.2287).

February Spread (Volatile) ±0.2987

July Spread (Stable) ±0.0540

Growth Streaks & Declines

Trends

Between June and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0937 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0937

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2011: 2.4321) against the same month in 2010 (average: 2.6204), the exchange rate shifted by -0.1882 (-7.18%).

2011 Avg (February) 2.4321

2010 Avg (February) 2.6204

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.4217	2.3374	2.3872
February	2.6395	2.3409	2.4321
March	2.4046	2.2989	2.3386
April	2.3154	2.2530	2.2746
May	2.3421	2.2398	2.2956
June	2.2976	2.2083	2.2525
July	2.2828	2.2287	2.2564
August	2.3686	2.2609	2.3276
September	2.4259	2.3324	2.3679
October	2.3532	2.2268	2.2743
November	2.3238	2.2612	2.3010
December	2.3316	2.2723	2.3024