2014 ILS to BAM Historical Review

YEARLY HIGH

0.4272 BAM

YEARLY LOW

0.3983 BAM

YEARLY AVERAGE

0.4124 BAM

2014 ILS to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the ILS to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on August 5, valuing the pair at 0.4272. Conversely, the yearly low was recorded on December 2, dropping to 0.3983.

This high-to-low spread represents a total annual volatility of 0.0289 BAM. From a start-to-finish perspective, comparing the January average rate of 0.4112 to the December average rate of 0.4043, the exchange rate registered a net change of -1.67% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.4272 was up 1.16% compared to the 2013 peak of 0.4223, 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 2,136 BAM

2013 Average 2,042 BAM

Yearly Trough Low 1,992 BAM

Transaction Impact: A difference of 144.59 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.4237

0.4026

JanuMarcMayJulySeptNove

ILS to BAM 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 0.4102, compared to 0.4146 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0043 points.

H1 Avg (Jan–Jun) 0.4102

H2 Avg (Jul–Dec) 0.4146

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 0.0158 BAM (High: 0.4141 / Low: 0.3983). On the other end, March was the most stable month, with a tight range of 0.0033 BAM (High: 0.4083 / Low: 0.4050).

December Spread (Volatile) ±0.0158

March Spread (Stable) ±0.0033

Growth Streaks & Declines

Trends

Between March and July, 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 November and December, when the average rate fell by 0.0051 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0051

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2014: 0.4200) against the same month in 2013 (average: 0.4110), the exchange rate shifted by +0.0090 (+2.19%).

2014 Avg (August) 0.4200

2013 Avg (August) 0.4110

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4140	0.4094	0.4112
February	0.4127	0.4048	0.4076
March	0.4083	0.4050	0.4070
April	0.4104	0.4065	0.4078
May	0.4137	0.4076	0.4112
June	0.4197	0.4130	0.4167
July	0.4262	0.4175	0.4219
August	0.4272	0.4159	0.4200
September	0.4205	0.4152	0.4176
October	0.4237	0.4082	0.4143
November	0.4145	0.4034	0.4095
December	0.4141	0.3983	0.4043