2014 ILS to BGN Historical Review

YEARLY HIGH

0.4273 BGN

YEARLY LOW

0.3979 BGN

YEARLY AVERAGE

0.4125 BGN

2014 ILS to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the ILS to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 5, valuing the pair at 0.4273. Conversely, the yearly low was recorded on December 2, dropping to 0.3979.

This high-to-low spread represents a total annual volatility of 0.0294 BGN. From a start-to-finish perspective, comparing the January average rate of 0.4113 to the December average rate of 0.4042, the exchange rate registered a net change of -1.74% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.4273 was up 1.18% 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 2,137 BGN

2013 Average 2,042 BGN

Yearly Trough Low 1,990 BGN

Transaction Impact: A difference of 147.07 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.4238

0.4024

JanuMarcMayJulySeptNove

ILS to BGN 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 0.4103, 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) 0.4103

H2 Avg (Jul–Dec) 0.4146

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 0.0155 BGN (High: 0.4134 / Low: 0.3979). On the other end, March was the most stable month, with a tight range of 0.0036 BGN (High: 0.4088 / Low: 0.4051).

December Spread (Volatile) ±0.0155

March Spread (Stable) ±0.0036

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 0.0053 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0053

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2014: 0.4201) against the same month in 2013 (average: 0.4111), the exchange rate shifted by +0.0089 (+2.17%).

2014 Avg (August) 0.4201

2013 Avg (August) 0.4111

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4140	0.4093	0.4113
February	0.4127	0.4053	0.4078
March	0.4088	0.4051	0.4071
April	0.4105	0.4064	0.4077
May	0.4137	0.4077	0.4112
June	0.4198	0.4130	0.4169
July	0.4264	0.4175	0.4220
August	0.4273	0.4159	0.4201
September	0.4210	0.4153	0.4176
October	0.4231	0.4083	0.4143
November	0.4138	0.4031	0.4095
December	0.4134	0.3979	0.4042