2014 KWD to ILS Historical Review

YEARLY HIGH

13.6317 ILS

YEARLY LOW

12.0497 ILS

YEARLY AVERAGE

12.5592 ILS

2014 KWD to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the KWD to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 7, valuing the pair at 13.6317. Conversely, the yearly low was recorded on August 4, dropping to 12.0497.

This high-to-low spread represents a total annual volatility of 1.5820 ILS. From a start-to-finish perspective, comparing the January average rate of 12.3612 to the December average rate of 13.4551, the exchange rate registered a net change of 8.85% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 13.6317 was up 1.74% compared to the 2013 peak of 13.3990, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 KWD based on timing:

Yearly Peak High 68,158 ILS

2013 Average 63,582 ILS

Yearly Trough Low 60,248 ILS

Transaction Impact: A difference of 7,910.05 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

13.5880

11.9927

JanuMarcMayJulySeptNove

KWD to ILS 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 12.3428, compared to 12.7755 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4326 points.

H1 Avg (Jan–Jun) 12.3428

H2 Avg (Jul–Dec) 12.7755

Volatility Range Comparison

Volatility

The most volatile month in 2014 was August, with a trading range of 0.5077 ILS (High: 12.5573 / Low: 12.0497). On the other end, April was the most stable month, with a tight range of 0.0610 ILS (High: 12.3796 / Low: 12.3186).

August Spread (Volatile) ±0.5077

April Spread (Stable) ±0.0610

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.1125 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.1125

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 13.4551) against the same month in 2013 (average: 12.3928), the exchange rate shifted by +1.0623 (+8.57%).

2014 Avg (December) 13.4551

2013 Avg (December) 12.3928

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	12.4222	12.2862	12.3612
February	12.4957	12.4030	12.4558
March	12.4176	12.2873	12.3504
April	12.3796	12.3186	12.3467
May	12.3674	12.2525	12.3048
June	12.3274	12.1467	12.2382
July	12.1786	12.0745	12.1257
August	12.5573	12.0497	12.3305
September	12.7744	12.5440	12.6769
October	13.0764	12.7006	12.9032
November	13.3585	13.0511	13.1614
December	13.6317	13.3117	13.4551