2014 ILS to ARS Historical Review

YEARLY HIGH

2.4171 ARS

YEARLY LOW

1.8697 ARS

YEARLY AVERAGE

2.2692 ARS

2014 ILS to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the ILS to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on August 4, valuing the pair at 2.4171. Conversely, the yearly low was recorded on January 4, dropping to 1.8697.

This high-to-low spread represents a total annual volatility of 0.5474 ARS. From a start-to-finish perspective, comparing the January average rate of 2.0002 to the December average rate of 2.1734, the exchange rate registered a net change of 8.66% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 2.4171 was up 28.82% compared to the 2013 peak of 1.8763, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 12,085 ARS

2013 Average 7,600 ARS

Yearly Trough Low 9,349 ARS

Transaction Impact: A difference of 2,736.76 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

2.4193

1.9621

JanuMarcMayJulySeptNove

ILS to ARS 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 2.2483, compared to 2.2901 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0418 points.

H1 Avg (Jan–Jun) 2.2483

H2 Avg (Jul–Dec) 2.2901

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.4229 ARS (High: 2.2927 / Low: 1.8697). On the other end, April was the most stable month, with a tight range of 0.0144 ARS (High: 2.3109 / Low: 2.2965).

January Spread (Volatile) ±0.4229

April Spread (Stable) ±0.0144

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0609 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0609

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2014: 2.3759) against the same month in 2013 (average: 1.5605), the exchange rate shifted by +0.8154 (+52.25%).

2014 Avg (August) 2.3759

2013 Avg (August) 1.5605

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.2927	1.8697	2.0002
February	2.2820	2.2134	2.2356
March	2.2971	2.2583	2.2785
April	2.3109	2.2965	2.3027
May	2.3332	2.3124	2.3193
June	2.3741	2.3269	2.3537
July	2.3932	2.3619	2.3812
August	2.4171	2.3473	2.3759
September	2.3540	2.2940	2.3150
October	2.3050	2.2405	2.2738
November	2.2458	2.1900	2.2214
December	2.1902	2.1468	2.1734