2014 GMD to ILS Historical Review

YEARLY HIGH

0.0943 ILS

YEARLY LOW

0.0857 ILS

YEARLY AVERAGE

0.0897 ILS

2014 GMD to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the GMD to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on October 14, valuing the pair at 0.0943. Conversely, the yearly low was recorded on June 26, dropping to 0.0857.

This high-to-low spread represents a total annual volatility of 0.0086 ILS. From a start-to-finish perspective, comparing the January average rate of 0.0917 to the December average rate of 0.0912, the exchange rate registered a net change of -0.59% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0943 was down 18.13% compared to the 2013 peak of 0.1152, 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 472 ILS

2013 Average 534 ILS

Yearly Trough Low 429 ILS

Transaction Impact: A difference of 43.01 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0927

0.0858

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 0.0898, compared to 0.0895 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0898

H2 Avg (Jul–Dec) 0.0895

Volatility Range Comparison

Volatility

The most volatile month in 2014 was October, with a trading range of 0.0073 ILS (High: 0.0943 / Low: 0.0870). On the other end, March was the most stable month, with a tight range of 0.0009 ILS (High: 0.0917 / Low: 0.0908).

October Spread (Volatile) ±0.0073

March Spread (Stable) ±0.0009

Growth Streaks & Declines

Trends

Between July and September, 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 October and November, when the average rate fell by 0.0022 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0022

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2014: 0.0910) against the same month in 2013 (average: 0.1082), the exchange rate shifted by -0.0172 (-15.90%).

2014 Avg (October) 0.0910

2013 Avg (October) 0.1082

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0923	0.0914	0.0917
February	0.0928	0.0914	0.0921
March	0.0917	0.0908	0.0912
April	0.0914	0.0873	0.0894
May	0.0878	0.0869	0.0874
June	0.0878	0.0857	0.0870
July	0.0874	0.0859	0.0864
August	0.0900	0.0861	0.0881
September	0.0930	0.0895	0.0917
October	0.0943	0.0870	0.0910
November	0.0904	0.0874	0.0889
December	0.0923	0.0905	0.0912