2013 ILS to CVE Historical Review

YEARLY HIGH

23.7919 CVE

YEARLY LOW

21.8795 CVE

YEARLY AVERAGE

22.9745 CVE

2013 ILS to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the ILS to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on April 2, valuing the pair at 23.7919. Conversely, the yearly low was recorded on January 30, dropping to 21.8795.

This high-to-low spread represents a total annual volatility of 1.9124 CVE. From a start-to-finish perspective, comparing the January average rate of 22.2090 to the December average rate of 22.9258, the exchange rate registered a net change of 3.23% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2013 high of 23.7919 was up 3.89% compared to the 2012 peak of 22.9004, 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 118,959 CVE

2012 Average 111,554 CVE

Yearly Trough Low 109,397 CVE

Transaction Impact: A difference of 9,562.07 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

23.5326

22.0886

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 22.9189, compared to 23.0301 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1111 points.

H1 Avg (Jan–Jun) 22.9189

H2 Avg (Jul–Dec) 23.0301

Volatility Range Comparison

Volatility

The most volatile month in 2013 was March, with a trading range of 1.3019 CVE (High: 23.6960 / Low: 22.3941). On the other end, December was the most stable month, with a tight range of 0.3229 CVE (High: 23.0771 / Low: 22.7541).

March Spread (Volatile) ±1.3019

December Spread (Stable) ±0.3229

Growth Streaks & Declines

Trends

Between January and April, 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 May and June, when the average rate fell by 0.3346 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.3346

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2013: 23.4122) against the same month in 2012 (average: 22.3774), the exchange rate shifted by +1.0349 (+4.62%).

2013 Avg (April) 23.4122

2012 Avg (April) 22.3774

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	22.4477	21.8795	22.2090
February	22.6363	21.9587	22.3439
March	23.6960	22.3941	23.1208
April	23.7919	23.1630	23.4122
May	23.7568	22.9842	23.3811
June	23.3147	22.8161	23.0465
July	23.6205	23.0138	23.4094
August	23.5551	22.4095	23.1054
September	23.2152	22.7442	22.9584
October	22.9023	22.5325	22.7436
November	23.2817	22.7510	23.0377
December	23.0771	22.7541	22.9258