2016 ILS to MRO Historical Review

YEARLY HIGH

94.9660 MRO

YEARLY LOW

78.3403 MRO

YEARLY AVERAGE

91.4611 MRO

2016 ILS to MRO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ILS to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 94.9660. Conversely, the yearly low was recorded on January 6, dropping to 78.3403.

This high-to-low spread represents a total annual volatility of 16.6258 MRO. From a start-to-finish perspective, comparing the January average rate of 84.7507 to the December average rate of 93.4563, the exchange rate registered a net change of 10.27% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 94.9660 was up 9.24% compared to the 2015 peak of 86.9310, 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 474,830 MRO

2015 Average 398,335 MRO

Yearly Trough Low 391,701 MRO

Transaction Impact: A difference of 83,128.92 MRO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

95.5103

83.7726

JanuMarcMayJulySeptNove

ILS to MRO 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 89.5579, compared to 93.3643 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.8064 points.

H1 Avg (Jan–Jun) 89.5579

H2 Avg (Jul–Dec) 93.3643

Volatility Range Comparison

Volatility

The most volatile month in 2016 was January, with a trading range of 9.0257 MRO (High: 87.3659 / Low: 78.3403). On the other end, September was the most stable month, with a tight range of 0.9165 MRO (High: 94.9660 / Low: 94.0496).

January Spread (Volatile) ±9.0257

September Spread (Stable) ±0.9165

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 1.1422 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -1.1422

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2016: 94.5322) against the same month in 2015 (average: 79.5589), the exchange rate shifted by +14.9733 (+18.82%).

2016 Avg (September) 94.5322

2015 Avg (September) 79.5589

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	87.3659	78.3403	84.7507
February	88.5218	84.7934	87.5523
March	91.1942	87.5738	88.9495
April	92.7466	90.3989	91.6379
May	93.7805	90.9913	92.2542
June	93.3441	91.2942	92.2029
July	93.0595	91.0392	92.0935
August	94.6953	92.5163	93.6255
September	94.9660	94.0496	94.5322
October	94.9594	92.4539	93.3900
November	94.1852	92.1270	93.0882
December	94.1661	92.5278	93.4563