2012 GMD to ILS Historical Review

YEARLY HIGH

0.1333 ILS

YEARLY LOW

0.1119 ILS

YEARLY AVERAGE

0.1241 ILS

2012 GMD to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the GMD to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.1333. Conversely, the yearly low was recorded on October 18, dropping to 0.1119.

This high-to-low spread represents a total annual volatility of 0.0214 ILS. From a start-to-finish perspective, comparing the January average rate of 0.1285 to the December average rate of 0.1219, the exchange rate registered a net change of -5.16% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2012 high of 0.1333 was down 1.60% compared to the 2011 peak of 0.1355, 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 667 ILS

2011 Average 635 ILS

Yearly Trough Low 560 ILS

Transaction Impact: A difference of 106.99 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

0.1299

0.1137

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 0.1256, compared to 0.1226 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0030 points.

H1 Avg (Jan–Jun) 0.1256

H2 Avg (Jul–Dec) 0.1226

Volatility Range Comparison

Volatility

The most volatile month in 2012 was November, with a trading range of 0.0185 ILS (High: 0.1324 / Low: 0.1139). On the other end, May was the most stable month, with a tight range of 0.0038 ILS (High: 0.1285 / Low: 0.1247).

November Spread (Volatile) ±0.0185

May Spread (Stable) ±0.0038

Growth Streaks & Declines

Trends

Between February and April, 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 August and September, when the average rate fell by 0.0068 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0068

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2012: 0.1285) against the same month in 2011 (average: 0.1295), the exchange rate shifted by -0.0010 (-0.75%).

2012 Avg (January) 0.1285

2011 Avg (January) 0.1295

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1333	0.1237	0.1285
February	0.1279	0.1206	0.1231
March	0.1280	0.1215	0.1233
April	0.1291	0.1241	0.1267
May	0.1285	0.1247	0.1260
June	0.1293	0.1222	0.1259
July	0.1299	0.1244	0.1268
August	0.1285	0.1201	0.1260
September	0.1222	0.1182	0.1193
October	0.1187	0.1119	0.1151
November	0.1324	0.1139	0.1262
December	0.1275	0.1146	0.1219