2011 ILS to LSL Historical Review

YEARLY HIGH

2.2659 LSL

YEARLY LOW

1.8635 LSL

YEARLY AVERAGE

2.0215 LSL

2011 ILS to LSL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the ILS to LSL exchange rate experienced significant fluctuation. The market reached its absolute peak on November 23, valuing the pair at 2.2659. Conversely, the yearly low was recorded on January 2, dropping to 1.8635.

This high-to-low spread represents a total annual volatility of 0.4023 LSL. From a start-to-finish perspective, comparing the January average rate of 1.9244 to the December average rate of 2.1675, the exchange rate registered a net change of 12.63% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 2.2659 was up 8.92% compared to the 2010 peak of 2.0803, 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 11,329 LSL

2010 Average 9,801 LSL

Yearly Trough Low 9,318 LSL

Transaction Impact: A difference of 2,011.62 LSL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

2.2110

1.8983

JanuMarcMayJulySeptNove

ILS to LSL 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 1.9593, compared to 2.0838 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1245 points.

H1 Avg (Jan–Jun) 1.9593

H2 Avg (Jul–Dec) 2.0838

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 0.1947 LSL (High: 2.1351 / Low: 1.9405). On the other end, June was the most stable month, with a tight range of 0.0377 LSL (High: 1.9994 / Low: 1.9617).

September Spread (Volatile) ±0.1947

June Spread (Stable) ±0.0377

Growth Streaks & Declines

Trends

Between March and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0219 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0219

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2011: 2.1850) against the same month in 2010 (average: 1.9093), the exchange rate shifted by +0.2757 (+14.44%).

2011 Avg (November) 2.1850

2010 Avg (November) 1.9093

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.9615	1.8635	1.9244
February	2.0160	1.9210	1.9637
March	1.9912	1.9103	1.9418
April	2.0082	1.9306	1.9649
May	2.0074	1.9361	1.9752
June	1.9994	1.9617	1.9857
July	2.0185	1.9552	1.9864
August	2.0371	1.9405	1.9938
September	2.1351	1.9405	2.0145
October	2.2248	2.0787	2.1557
November	2.2659	2.1197	2.1850
December	2.2105	2.1177	2.1675