2014 ILS to PEN Historical Review

YEARLY HIGH

0.8211 PEN

YEARLY LOW

0.7399 PEN

YEARLY AVERAGE

0.7943 PEN

2014 ILS to PEN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the ILS to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 4, valuing the pair at 0.8211. Conversely, the yearly low was recorded on December 3, dropping to 0.7399.

This high-to-low spread represents a total annual volatility of 0.0812 PEN. From a start-to-finish perspective, comparing the January average rate of 0.8043 to the December average rate of 0.7536, the exchange rate registered a net change of -6.30% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.8211 was up 1.95% compared to the 2013 peak of 0.8054, 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 4,106 PEN

2013 Average 3,747 PEN

Yearly Trough Low 3,700 PEN

Transaction Impact: A difference of 405.92 PEN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.8197

0.7476

JanuMarcMayJulySeptNove

ILS to PEN 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 0.8049, compared to 0.7838 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0211 points.

H1 Avg (Jan–Jun) 0.8049

H2 Avg (Jul–Dec) 0.7838

Volatility Range Comparison

Volatility

The most volatile month in 2014 was August, with a trading range of 0.0260 PEN (High: 0.8211 / Low: 0.7951). On the other end, July was the most stable month, with a tight range of 0.0064 PEN (High: 0.8167 / Low: 0.8103).

August Spread (Volatile) ±0.0260

July Spread (Stable) ±0.0064

Growth Streaks & Declines

Trends

Between April and July, 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 August and September, when the average rate fell by 0.0162 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0162

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2014: 0.8045) against the same month in 2013 (average: 0.7835), the exchange rate shifted by +0.0209 (+2.67%).

2014 Avg (August) 0.8045

2013 Avg (August) 0.7835

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8093	0.7998	0.8043
February	0.8039	0.7971	0.8004
March	0.8119	0.8022	0.8069
April	0.8103	0.7972	0.8033
May	0.8129	0.7960	0.8052
June	0.8187	0.7968	0.8091
July	0.8167	0.8103	0.8137
August	0.8211	0.7951	0.8045
September	0.7980	0.7828	0.7883
October	0.7903	0.7682	0.7794
November	0.7714	0.7490	0.7634
December	0.7659	0.7399	0.7536