2012 HNL to ILS Historical Review

YEARLY HIGH

0.2146 ILS

YEARLY LOW

0.1872 ILS

YEARLY AVERAGE

0.1995 ILS

2012 HNL to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the HNL to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on July 26, valuing the pair at 0.2146. Conversely, the yearly low was recorded on December 27, dropping to 0.1872.

This high-to-low spread represents a total annual volatility of 0.0274 ILS. From a start-to-finish perspective, comparing the January average rate of 0.2000 to the December average rate of 0.1904, the exchange rate registered a net change of -4.78% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2012 high of 0.2146 was up 6.64% compared to the 2011 peak of 0.2012, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,073 ILS

2011 Average 946 ILS

Yearly Trough Low 936 ILS

Transaction Impact: A difference of 137.03 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

0.2110

0.1886

JanuMarcMayJulySeptNove

HNL 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 0.1992, compared to 0.1999 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.1992

H2 Avg (Jul–Dec) 0.1999

Volatility Range Comparison

Volatility

The most volatile month in 2012 was July, with a trading range of 0.0094 ILS (High: 0.2146 / Low: 0.2052). On the other end, April was the most stable month, with a tight range of 0.0023 ILS (High: 0.1975 / Low: 0.1953).

July Spread (Volatile) ±0.0094

April Spread (Stable) ±0.0023

Growth Streaks & Declines

Trends

Between April and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0067 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0067

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2012: 0.2091) against the same month in 2011 (average: 0.1807), the exchange rate shifted by +0.0284 (+15.70%).

2012 Avg (July) 0.2091

2011 Avg (July) 0.1807

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2028	0.1959	0.2000
February	0.1981	0.1946	0.1961
March	0.2000	0.1950	0.1974
April	0.1975	0.1953	0.1967
May	0.2042	0.1975	0.2007
June	0.2069	0.2021	0.2041
July	0.2146	0.2052	0.2091
August	0.2089	0.2045	0.2062
September	0.2061	0.1980	0.2011
October	0.1989	0.1929	0.1957
November	0.2004	0.1928	0.1972
December	0.1935	0.1872	0.1904