2015 ILS to VEF Historical Review

YEARLY HIGH

1.6842 VEF

YEARLY LOW

1.5577 VEF

YEARLY AVERAGE

1.6263 VEF

2015 ILS to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the ILS to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on June 24, valuing the pair at 1.6842. Conversely, the yearly low was recorded on March 22, dropping to 1.5577.

This high-to-low spread represents a total annual volatility of 0.1264 VEF. From a start-to-finish perspective, comparing the January average rate of 1.6006 to the December average rate of 1.6320, the exchange rate registered a net change of 1.96% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 1.6842 was down 8.71% compared to the 2014 peak of 1.8449, 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 8,421 VEF

2014 Average 8,815 VEF

Yearly Trough Low 7,789 VEF

Transaction Impact: A difference of 632.23 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

1.6764

1.5696

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 1.6159, compared to 1.6368 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0209 points.

H1 Avg (Jan–Jun) 1.6159

H2 Avg (Jul–Dec) 1.6368

Volatility Range Comparison

Volatility

The most volatile month in 2015 was August, with a trading range of 0.0676 VEF (High: 1.6750 / Low: 1.6074). On the other end, November was the most stable month, with a tight range of 0.0273 VEF (High: 1.6352 / Low: 1.6079).

August Spread (Volatile) ±0.0676

November Spread (Stable) ±0.0273

Growth Streaks & Declines

Trends

Between March and July, 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 February and March, when the average rate fell by 0.0426 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0426

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2015: 1.6533) against the same month in 2014 (average: 1.8233), the exchange rate shifted by -0.1700 (-9.32%).

2015 Avg (June) 1.6533

2014 Avg (June) 1.8233

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.6169	1.5800	1.6006
February	1.6419	1.5881	1.6211
March	1.6049	1.5577	1.5785
April	1.6365	1.5833	1.6061
May	1.6576	1.6237	1.6354
June	1.6842	1.6321	1.6533
July	1.6788	1.6506	1.6675
August	1.6750	1.6074	1.6473
September	1.6340	1.6010	1.6153
October	1.6529	1.6060	1.6343
November	1.6352	1.6079	1.6243
December	1.6531	1.6208	1.6320