2014 ILS to BWP Historical Review

YEARLY HIGH

2.6110 BWP

YEARLY LOW

2.3321 BWP

YEARLY AVERAGE

2.5119 BWP

2014 ILS to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the ILS to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 30, valuing the pair at 2.6110. Conversely, the yearly low was recorded on December 2, dropping to 2.3321.

This high-to-low spread represents a total annual volatility of 0.2788 BWP. From a start-to-finish perspective, comparing the January average rate of 2.5560 to the December average rate of 2.4056, the exchange rate registered a net change of -5.89% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 2.6110 was up 3.58% compared to the 2013 peak of 2.5208, 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 13,055 BWP

2013 Average 11,643 BWP

Yearly Trough Low 11,661 BWP

Transaction Impact: A difference of 1,394.14 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

2.5989

2.3880

JanuMarcMayJulySeptNove

ILS to BWP 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 2.5413, compared to 2.4824 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0589 points.

H1 Avg (Jan–Jun) 2.5413

H2 Avg (Jul–Dec) 2.4824

Volatility Range Comparison

Volatility

The most volatile month in 2014 was October, with a trading range of 0.1126 BWP (High: 2.5213 / Low: 2.4088). On the other end, September was the most stable month, with a tight range of 0.0309 BWP (High: 2.5159 / Low: 2.4849).

October Spread (Volatile) ±0.1126

September Spread (Stable) ±0.0309

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 October and November, when the average rate fell by 0.0511 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0511

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2014: 2.5560) against the same month in 2013 (average: 2.1218), the exchange rate shifted by +0.4342 (+20.46%).

2014 Avg (January) 2.5560

2013 Avg (January) 2.1218

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.6110	2.5089	2.5560
February	2.6022	2.5192	2.5553
March	2.5727	2.5105	2.5440
April	2.5405	2.5019	2.5218
May	2.5326	2.4928	2.5117
June	2.5741	2.5125	2.5589
July	2.5982	2.5620	2.5813
August	2.5983	2.4890	2.5374
September	2.5159	2.4849	2.5011
October	2.5213	2.4088	2.4601
November	2.4467	2.3623	2.4091
December	2.4439	2.3321	2.4056