2014 ILS to BTN Historical Review

YEARLY HIGH

18.0447 BTN

YEARLY LOW

15.5443 BTN

YEARLY AVERAGE

17.0834 BTN

2014 ILS to BTN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the ILS to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 27, valuing the pair at 18.0447. Conversely, the yearly low was recorded on December 7, dropping to 15.5443.

This high-to-low spread represents a total annual volatility of 2.5003 BTN. From a start-to-finish perspective, comparing the January average rate of 17.7694 to the December average rate of 15.9670, the exchange rate registered a net change of -10.14% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 18.0447 was down 2.71% compared to the 2013 peak of 18.5480, 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 90,223 BTN

2013 Average 81,225 BTN

Yearly Trough Low 77,722 BTN

Transaction Impact: A difference of 12,501.68 BTN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

17.9496

15.7867

JanuMarcMayJulySeptNove

ILS to BTN 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 17.4665, compared to 16.7004 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.7661 points.

H1 Avg (Jan–Jun) 17.4665

H2 Avg (Jul–Dec) 16.7004

Volatility Range Comparison

Volatility

The most volatile month in 2014 was August, with a trading range of 0.9396 BTN (High: 17.8860 / Low: 16.9464). On the other end, July was the most stable month, with a tight range of 0.1965 BTN (High: 17.6349 / Low: 17.4384).

August Spread (Volatile) ±0.9396

July Spread (Stable) ±0.1965

Growth Streaks & Declines

Trends

Between May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.6640 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.6640

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2014: 17.7694) against the same month in 2013 (average: 14.5337), the exchange rate shifted by +3.2356 (+22.26%).

2014 Avg (January) 17.7694

2013 Avg (January) 14.5337

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	18.0447	17.5973	17.7694
February	17.8288	17.6201	17.7019
March	17.7563	17.0981	17.5347
April	17.5428	17.1922	17.3614
May	17.4403	16.7601	17.1304
June	17.5623	17.0269	17.3011
July	17.6349	17.4384	17.5382
August	17.8860	16.9464	17.3974
September	16.9554	16.6028	16.7335
October	16.8352	16.1825	16.4649
November	16.1987	15.9175	16.1012
December	16.2833	15.5443	15.9670