2016 ILS to VEF Historical Review

YEARLY HIGH

2.6678 VEF

YEARLY LOW

1.5870 VEF

YEARLY AVERAGE

2.3655 VEF

2016 ILS to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ILS to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on May 1, valuing the pair at 2.6678. Conversely, the yearly low was recorded on January 24, dropping to 1.5870.

This high-to-low spread represents a total annual volatility of 1.0808 VEF. From a start-to-finish perspective, comparing the January average rate of 1.6009 to the December average rate of 2.6065, the exchange rate registered a net change of 62.81% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 2.6678 was up 58.41% compared to the 2015 peak of 1.6842, 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 13,339 VEF

2015 Average 8,132 VEF

Yearly Trough Low 7,935 VEF

Transaction Impact: A difference of 5,404.00 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

2.7555

1.4960

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 2.1166, compared to 2.6144 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4978 points.

H1 Avg (Jan–Jun) 2.1166

H2 Avg (Jul–Dec) 2.6144

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 0.1000 VEF (High: 2.6678 / Low: 2.5678). On the other end, September was the most stable month, with a tight range of 0.0247 VEF (High: 2.6621 / Low: 2.6374).

May Spread (Volatile) ±0.1000

September Spread (Stable) ±0.0247

Growth Streaks & Declines

Trends

Between January and April, 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 September and October, when the average rate fell by 0.0370 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0370

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2016: 2.6154) against the same month in 2015 (average: 1.6354), the exchange rate shifted by +0.9800 (+59.92%).

2016 Avg (May) 2.6154

2015 Avg (May) 1.6354

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.6242	1.5870	1.6009
February	1.6313	1.5954	1.6185
March	1.6759	1.6151	1.6366
April	2.6667	2.6192	2.6440
May	2.6678	2.5678	2.6154
June	2.6046	2.5621	2.5841
July	2.6220	2.5668	2.5898
August	2.6529	2.5990	2.6282
September	2.6621	2.6374	2.6505
October	2.6616	2.5836	2.6135
November	2.6305	2.5690	2.5977
December	2.6282	2.5771	2.6065