2011 ILS to CVE Historical Review

YEARLY HIGH

24.0246 CVE

YEARLY LOW

21.1741 CVE

YEARLY AVERAGE

22.1653 CVE

2011 ILS to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the ILS to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 24.0246. Conversely, the yearly low was recorded on August 25, dropping to 21.1741.

This high-to-low spread represents a total annual volatility of 2.8505 CVE. From a start-to-finish perspective, comparing the January average rate of 23.0020 to the December average rate of 22.1744, the exchange rate registered a net change of -3.60% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 24.0246 was up 0.91% compared to the 2010 peak of 23.8083, 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 120,123 CVE

2010 Average 111,498 CVE

Yearly Trough Low 105,871 CVE

Transaction Impact: A difference of 14,252.55 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

23.1341

21.5483

JanuMarcMayJulySeptNove

ILS to CVE 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 22.3420, compared to 21.9885 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3535 points.

H1 Avg (Jan–Jun) 22.3420

H2 Avg (Jul–Dec) 21.9885

Volatility Range Comparison

Volatility

The most volatile month in 2011 was January, with a trading range of 2.3397 CVE (High: 24.0246 / Low: 21.6849). On the other end, June was the most stable month, with a tight range of 0.2943 CVE (High: 22.5771 / Low: 22.2828).

January Spread (Volatile) ±2.3397

June Spread (Stable) ±0.2943

Growth Streaks & Declines

Trends

Between February and April, 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 January and February, when the average rate fell by 0.9259 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.9259

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 23.0020) against the same month in 2010 (average: 20.7947), the exchange rate shifted by +2.2073 (+10.61%).

2011 Avg (January) 23.0020

2010 Avg (January) 20.7947

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	24.0246	21.6849	23.0020
February	22.6192	21.6840	22.0761
March	22.3765	21.8568	22.1050
April	22.4817	21.8770	22.2443
May	22.4786	21.7802	22.1697
June	22.5771	22.2828	22.4551
July	22.8058	22.3552	22.6057
August	22.5208	21.1741	21.6805
September	22.1260	21.2662	21.7067
October	22.3203	21.6603	21.9314
November	22.0136	21.6994	21.8326
December	22.4270	21.7377	22.1744