2011 GMD to ILS Historical Review

YEARLY HIGH

0.1355 ILS

YEARLY LOW

0.1186 ILS

YEARLY AVERAGE

0.1270 ILS

2011 GMD to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the GMD to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on January 29, valuing the pair at 0.1355. Conversely, the yearly low was recorded on June 5, dropping to 0.1186.

This high-to-low spread represents a total annual volatility of 0.0169 ILS. From a start-to-finish perspective, comparing the January average rate of 0.1295 to the December average rate of 0.1304, the exchange rate registered a net change of 0.73% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.1355 was down 6.24% compared to the 2010 peak of 0.1445, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 677 ILS

2010 Average 677 ILS

Yearly Trough Low 593 ILS

Transaction Impact: A difference of 84.53 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.1312

0.1226

JanuMarcMayJulySeptNove

GMD 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 0.1270, compared to 0.1270 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.1270

H2 Avg (Jul–Dec) 0.1270

Volatility Range Comparison

Volatility

The most volatile month in 2011 was June, with a trading range of 0.0120 ILS (High: 0.1306 / Low: 0.1186). On the other end, February was the most stable month, with a tight range of 0.0059 ILS (High: 0.1341 / Low: 0.1283).

June Spread (Volatile) ±0.0120

February Spread (Stable) ±0.0059

Growth Streaks & Declines

Trends

Between October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0044 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0044

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 0.1295) against the same month in 2010 (average: 0.1416), the exchange rate shifted by -0.0121 (-8.58%).

2011 Avg (January) 0.1295

2010 Avg (January) 0.1416

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1355	0.1257	0.1295
February	0.1341	0.1283	0.1305
March	0.1324	0.1253	0.1289
April	0.1297	0.1214	0.1245
May	0.1291	0.1205	0.1250
June	0.1306	0.1186	0.1238
July	0.1286	0.1195	0.1233
August	0.1303	0.1201	0.1276
September	0.1309	0.1232	0.1267
October	0.1297	0.1218	0.1263
November	0.1321	0.1236	0.1277
December	0.1332	0.1265	0.1304