2015 GMD to ILS Historical Review

YEARLY HIGH

0.1013 ILS

YEARLY LOW

0.0876 ILS

YEARLY AVERAGE

0.0945 ILS

2015 GMD to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the GMD to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 0.1013. Conversely, the yearly low was recorded on June 24, dropping to 0.0876.

This high-to-low spread represents a total annual volatility of 0.0137 ILS. From a start-to-finish perspective, comparing the January average rate of 0.0919 to the December average rate of 0.0980, the exchange rate registered a net change of 6.62% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.1013 was up 7.37% compared to the 2014 peak of 0.0943, 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 506 ILS

2014 Average 448 ILS

Yearly Trough Low 438 ILS

Transaction Impact: A difference of 68.32 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.1003

0.0888

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 0.0910, compared to 0.0979 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0068 points.

H1 Avg (Jan–Jun) 0.0910

H2 Avg (Jul–Dec) 0.0979

Volatility Range Comparison

Volatility

The most volatile month in 2015 was June, with a trading range of 0.0079 ILS (High: 0.0955 / Low: 0.0876). On the other end, July was the most stable month, with a tight range of 0.0016 ILS (High: 0.0964 / Low: 0.0948).

June Spread (Volatile) ±0.0079

July Spread (Stable) ±0.0016

Growth Streaks & Declines

Trends

Between May and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0017 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0017

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2015: 0.0993) against the same month in 2014 (average: 0.0917), the exchange rate shifted by +0.0077 (+8.36%).

2015 Avg (September) 0.0993

2014 Avg (September) 0.0917

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0944	0.0903	0.0919
February	0.0924	0.0890	0.0903
March	0.0941	0.0914	0.0930
April	0.0927	0.0898	0.0914
May	0.0905	0.0884	0.0898
June	0.0955	0.0876	0.0898
July	0.0964	0.0948	0.0956
August	0.0987	0.0945	0.0966
September	0.1013	0.0959	0.0993
October	0.1008	0.0966	0.0987
November	0.1007	0.0976	0.0990
December	0.0990	0.0961	0.0980