2014 ILS to BIF Historical Review

YEARLY HIGH

455.4314 BIF

YEARLY LOW

391.9862 BIF

YEARLY AVERAGE

434.7037 BIF

2014 ILS to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the ILS to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on July 5, valuing the pair at 455.4314. Conversely, the yearly low was recorded on December 3, dropping to 391.9862.

This high-to-low spread represents a total annual volatility of 63.4451 BIF. From a start-to-finish perspective, comparing the January average rate of 443.3896 to the December average rate of 398.0928, the exchange rate registered a net change of -10.22% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 455.4314 was up 2.20% compared to the 2013 peak of 445.6073, 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 2,277,157 BIF

2013 Average 2,147,522 BIF

Yearly Trough Low 1,959,931 BIF

Transaction Impact: A difference of 317,225.67 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

457.7782

392.6668

JanuMarcMayJulySeptNove

ILS to BIF 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 445.1597, compared to 424.2476 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 20.9121 points.

H1 Avg (Jan–Jun) 445.1597

H2 Avg (Jul–Dec) 424.2476

Volatility Range Comparison

Volatility

The most volatile month in 2014 was August, with a trading range of 20.7490 BIF (High: 451.9132 / Low: 431.1642). On the other end, April was the most stable month, with a tight range of 4.3073 BIF (High: 447.5551 / Low: 443.2478).

August Spread (Volatile) ±20.7490

April Spread (Stable) ±4.3073

Growth Streaks & Declines

Trends

Between April and July, 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 August and September, when the average rate fell by 16.9096 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -16.9096

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2014: 452.3523) against the same month in 2013 (average: 429.0614), the exchange rate shifted by +23.2909 (+5.43%).

2014 Avg (July) 452.3523

2013 Avg (July) 429.0614

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	445.7921	440.9174	443.3896
February	445.4785	438.1035	441.1818
March	449.0585	443.2584	446.3276
April	447.5551	443.2478	445.6627
May	449.4638	442.2195	446.4911
June	452.6024	445.4132	447.9055
July	455.4314	447.9916	452.3523
August	451.9132	431.1642	442.9954
September	434.5787	420.9394	426.0858
October	424.2019	411.6720	418.2461
November	413.3303	401.3147	407.7134
December	403.0933	391.9862	398.0928