2013 GHS to ILS Historical Review

YEARLY HIGH

2.0028 ILS

YEARLY LOW

1.4669 ILS

YEARLY AVERAGE

1.7575 ILS

2013 GHS to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the GHS to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 2.0028. Conversely, the yearly low was recorded on December 31, dropping to 1.4669.

This high-to-low spread represents a total annual volatility of 0.5358 ILS. From a start-to-finish perspective, comparing the January average rate of 1.9651 to the December average rate of 1.5069, the exchange rate registered a net change of -23.32% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2013 high of 2.0028 was down 14.69% compared to the 2012 peak of 2.3475, 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 10,014 ILS

2012 Average 10,427 ILS

Yearly Trough Low 7,335 ILS

Transaction Impact: A difference of 2,679.15 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

2.0109

1.4611

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 1.8833, compared to 1.6318 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2515 points.

H1 Avg (Jan–Jun) 1.8833

H2 Avg (Jul–Dec) 1.6318

Volatility Range Comparison

Volatility

The most volatile month in 2013 was July, with a trading range of 0.0957 ILS (High: 1.8081 / Low: 1.7123). On the other end, February was the most stable month, with a tight range of 0.0236 ILS (High: 1.9467 / Low: 1.9231).

July Spread (Volatile) ±0.0957

February Spread (Stable) ±0.0236

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2013. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0659 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -0.0659

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2013: 1.9651) against the same month in 2012 (average: 2.2537), the exchange rate shifted by -0.2886 (-12.81%).

2013 Avg (January) 1.9651

2012 Avg (January) 2.2537

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.0028	1.9466	1.9651
February	1.9467	1.9231	1.9357
March	1.9491	1.8657	1.9070
April	1.8812	1.8227	1.8570
May	1.8564	1.7863	1.8276
June	1.8493	1.7848	1.8074
July	1.8081	1.7123	1.7573
August	1.7244	1.6670	1.6923
September	1.6949	1.6073	1.6448
October	1.6306	1.5906	1.6166
November	1.5948	1.5490	1.5728
December	1.5490	1.4669	1.5069