2013 ILS to VEF Historical Review

YEARLY HIGH

1.8131 VEF

YEARLY LOW

1.1365 VEF

YEARLY AVERAGE

1.6192 VEF

2013 ILS to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the ILS to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 1.8131. Conversely, the yearly low was recorded on January 9, dropping to 1.1365.

This high-to-low spread represents a total annual volatility of 0.6765 VEF. From a start-to-finish perspective, comparing the January average rate of 1.1493 to the December average rate of 1.7965, the exchange rate registered a net change of 56.31% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2013 high of 1.8131 was up 56.49% compared to the 2012 peak of 1.1586, 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 9,065 VEF

2012 Average 5,574 VEF

Yearly Trough Low 5,683 VEF

Transaction Impact: A difference of 3,382.74 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

1.8613

1.0846

JanuMarcMayJulySeptNove

ILS to VEF 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 1.4676, compared to 1.7709 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3033 points.

H1 Avg (Jan–Jun) 1.4676

H2 Avg (Jul–Dec) 1.7709

Volatility Range Comparison

Volatility

The most volatile month in 2013 was March, with a trading range of 0.5828 VEF (High: 1.7330 / Low: 1.1502). On the other end, February was the most stable month, with a tight range of 0.0166 VEF (High: 1.1689 / Low: 1.1523).

March Spread (Volatile) ±0.5828

February Spread (Stable) ±0.0166

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0047 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0047

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2013: 1.7965) against the same month in 2012 (average: 1.1363), the exchange rate shifted by +0.6602 (+58.10%).

2013 Avg (December) 1.7965

2012 Avg (December) 1.1363

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.1556	1.1365	1.1493
February	1.1689	1.1523	1.1626
March	1.7330	1.1502	1.2904
April	1.7520	1.7258	1.7373
May	1.7694	1.6983	1.7326
June	1.7519	1.7053	1.7331
July	1.7640	1.7183	1.7467
August	1.7819	1.7234	1.7604
September	1.7967	1.7245	1.7632
October	1.7892	1.7652	1.7789
November	1.7874	1.7671	1.7795
December	1.8131	1.7841	1.7965