2011 HTG to ILS Historical Review

YEARLY HIGH

0.0947 ILS

YEARLY LOW

0.0825 ILS

YEARLY AVERAGE

0.0881 ILS

2011 HTG to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the HTG to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.0947. Conversely, the yearly low was recorded on June 5, dropping to 0.0825.

This high-to-low spread represents a total annual volatility of 0.0122 ILS. From a start-to-finish perspective, comparing the January average rate of 0.0891 to the December average rate of 0.0933, the exchange rate registered a net change of 4.72% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0947 was down 2.59% compared to the 2010 peak of 0.0972, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 473 ILS

2010 Average 465 ILS

Yearly Trough Low 413 ILS

Transaction Impact: A difference of 60.77 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0943

0.0830

JanuMarcMayJulySeptNove

HTG 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 0.0867, compared to 0.0896 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0029 points.

H1 Avg (Jan–Jun) 0.0867

H2 Avg (Jul–Dec) 0.0896

Volatility Range Comparison

Volatility

The most volatile month in 2011 was August, with a trading range of 0.0057 ILS (High: 0.0894 / Low: 0.0837). On the other end, December was the most stable month, with a tight range of 0.0026 ILS (High: 0.0947 / Low: 0.0921).

August Spread (Volatile) ±0.0057

December Spread (Stable) ±0.0026

Growth Streaks & Declines

Trends

Between June and September, 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 March and April, when the average rate fell by 0.0032 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0032

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 0.0933) against the same month in 2010 (average: 0.0896), the exchange rate shifted by +0.0037 (+4.14%).

2011 Avg (December) 0.0933

2010 Avg (December) 0.0896

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0910	0.0876	0.0891
February	0.0909	0.0883	0.0898
March	0.0894	0.0851	0.0876
April	0.0862	0.0834	0.0844
May	0.0872	0.0828	0.0851
June	0.0857	0.0825	0.0840
July	0.0857	0.0831	0.0842
August	0.0894	0.0837	0.0874
September	0.0922	0.0880	0.0908
October	0.0921	0.0879	0.0900
November	0.0942	0.0898	0.0919
December	0.0947	0.0921	0.0933