2011 ILS to SVC Historical Review

YEARLY HIGH

2.6010 SVC

YEARLY LOW

2.2906 SVC

YEARLY AVERAGE

2.4477 SVC

2011 ILS to SVC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the ILS to SVC exchange rate experienced significant fluctuation. The market reached its absolute peak on June 7, valuing the pair at 2.6010. Conversely, the yearly low was recorded on December 30, dropping to 2.2906.

This high-to-low spread represents a total annual volatility of 0.3104 SVC. From a start-to-finish perspective, comparing the January average rate of 2.4380 to the December average rate of 2.3170, the exchange rate registered a net change of -4.97% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 2.6010 was up 5.36% compared to the 2010 peak of 2.4687, 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 13,005 SVC

2010 Average 11,720 SVC

Yearly Trough Low 11,453 SVC

Transaction Impact: A difference of 1,551.95 SVC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

2.5873

2.2924

JanuMarcMayJulySeptNove

ILS to SVC 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 2.4870, compared to 2.4084 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0787 points.

H1 Avg (Jan–Jun) 2.4870

H2 Avg (Jul–Dec) 2.4084

Volatility Range Comparison

Volatility

The most volatile month in 2011 was August, with a trading range of 0.1367 SVC (High: 2.5606 / Low: 2.4239). On the other end, July was the most stable month, with a tight range of 0.0492 SVC (High: 2.5786 / Low: 2.5294).

August Spread (Volatile) ±0.1367

July Spread (Stable) ±0.0492

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 July and August, when the average rate fell by 0.0961 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0961

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2011: 2.5627) against the same month in 2010 (average: 2.2706), the exchange rate shifted by +0.2921 (+12.87%).

2011 Avg (June) 2.5627

2010 Avg (June) 2.2706

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.4819	2.3556	2.4380
February	2.4267	2.3561	2.3900
March	2.5157	2.4084	2.4549
April	2.5822	2.5158	2.5511
May	2.5921	2.4735	2.5253
June	2.6010	2.5147	2.5627
July	2.5786	2.5294	2.5611
August	2.5606	2.4239	2.4650
September	2.4488	2.3369	2.3735
October	2.4362	2.3288	2.3866
November	2.3917	2.3012	2.3470
December	2.3452	2.2906	2.3170