2011 ILS to ZAR Historical Review

YEARLY HIGH

2.2613 ZAR

YEARLY LOW

1.8658 ZAR

YEARLY AVERAGE

2.0262 ZAR

2011 ILS to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the ILS to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 23, valuing the pair at 2.2613. Conversely, the yearly low was recorded on January 3, dropping to 1.8658.

This high-to-low spread represents a total annual volatility of 0.3954 ZAR. From a start-to-finish perspective, comparing the January average rate of 1.9305 to the December average rate of 2.1668, the exchange rate registered a net change of 12.24% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 2.2613 was up 8.86% compared to the 2010 peak of 2.0773, 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 11,306 ZAR

2010 Average 9,798 ZAR

Yearly Trough Low 9,329 ZAR

Transaction Impact: A difference of 1,977.16 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

2.2119

1.9049

JanuMarcMayJulySeptNove

ILS to ZAR 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 1.9603, compared to 2.0920 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1318 points.

H1 Avg (Jan–Jun) 1.9603

H2 Avg (Jul–Dec) 2.0920

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 0.3108 ZAR (High: 2.2527 / Low: 1.9419). On the other end, June was the most stable month, with a tight range of 0.0394 ZAR (High: 2.0039 / Low: 1.9645).

September Spread (Volatile) ±0.3108

June Spread (Stable) ±0.0394

Growth Streaks & Declines

Trends

Between July and November, 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 0.0227 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0227

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2011: 2.1863) against the same month in 2010 (average: 1.9137), the exchange rate shifted by +0.2726 (+14.24%).

2011 Avg (November) 2.1863

2010 Avg (November) 1.9137

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.9711	1.8658	1.9305
February	2.0106	1.9171	1.9626
March	1.9905	1.9017	1.9398
April	2.0022	1.9327	1.9599
May	2.0158	1.9419	1.9795
June	2.0039	1.9645	1.9894
July	2.0278	1.9543	1.9851
August	2.0378	1.9458	1.9979
September	2.2527	1.9419	2.0470
October	2.2289	2.1348	2.1692
November	2.2613	2.1306	2.1863
December	2.2097	2.1184	2.1668