2011 HRK to ILS Historical Review

YEARLY HIGH

0.6968 ILS

YEARLY LOW

0.6200 ILS

YEARLY AVERAGE

0.6692 ILS

2011 HRK to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the HRK to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on August 27, valuing the pair at 0.6968. Conversely, the yearly low was recorded on January 11, dropping to 0.6200.

This high-to-low spread represents a total annual volatility of 0.0768 ILS. From a start-to-finish perspective, comparing the January average rate of 0.6484 to the December average rate of 0.6623, the exchange rate registered a net change of 2.14% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.6968 was down 6.46% compared to the 2010 peak of 0.7450, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,484 ILS

2010 Average 3,397 ILS

Yearly Trough Low 3,100 ILS

Transaction Impact: A difference of 383.89 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.6852

0.6450

JanuMarcMayJulySeptNove

HRK 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 0.6675, compared to 0.6709 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0034 points.

H1 Avg (Jan–Jun) 0.6675

H2 Avg (Jul–Dec) 0.6709

Volatility Range Comparison

Volatility

The most volatile month in 2011 was January, with a trading range of 0.0658 ILS (High: 0.6858 / Low: 0.6200). On the other end, June was the most stable month, with a tight range of 0.0122 ILS (High: 0.6701 / Low: 0.6579).

January Spread (Volatile) ±0.0658

June Spread (Stable) ±0.0122

Growth Streaks & Declines

Trends

Between January and March, 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 November and December, when the average rate fell by 0.0122 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0122

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2011: 0.6818) against the same month in 2010 (average: 0.6746), the exchange rate shifted by +0.0072 (+1.07%).

2011 Avg (August) 0.6818

2010 Avg (August) 0.6746

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6858	0.6200	0.6484
February	0.6860	0.6584	0.6737
March	0.6813	0.6675	0.6753
April	0.6848	0.6657	0.6733
May	0.6835	0.6599	0.6711
June	0.6701	0.6579	0.6631
July	0.6668	0.6501	0.6570
August	0.6968	0.6583	0.6818
September	0.6912	0.6674	0.6778
October	0.6791	0.6607	0.6722
November	0.6824	0.6685	0.6744
December	0.6727	0.6527	0.6623