2011 LSL to ILS Historical Review

YEARLY HIGH

0.5366 ILS

YEARLY LOW

0.4413 ILS

YEARLY AVERAGE

0.4957 ILS

2011 LSL to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the LSL to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.5366. Conversely, the yearly low was recorded on November 23, dropping to 0.4413.

This high-to-low spread represents a total annual volatility of 0.0953 ILS. From a start-to-finish perspective, comparing the January average rate of 0.5198 to the December average rate of 0.4614, the exchange rate registered a net change of -11.23% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.5366 was up 0.04% compared to the 2010 peak of 0.5364, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,683 ILS

2010 Average 2,552 ILS

Yearly Trough Low 2,207 ILS

Transaction Impact: A difference of 476.40 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.5260

0.4516

JanuMarcMayJulySeptNove

LSL 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 0.5105, compared to 0.4809 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0296 points.

H1 Avg (Jan–Jun) 0.5105

H2 Avg (Jul–Dec) 0.4809

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 0.0470 ILS (High: 0.5153 / Low: 0.4684). On the other end, June was the most stable month, with a tight range of 0.0096 ILS (High: 0.5098 / Low: 0.5002).

September Spread (Volatile) ±0.0470

June Spread (Stable) ±0.0096

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2011. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0329 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0329

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 0.5198) against the same month in 2010 (average: 0.4990), the exchange rate shifted by +0.0208 (+4.16%).

2011 Avg (January) 0.5198

2010 Avg (January) 0.4990

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5366	0.5098	0.5198
February	0.5206	0.4960	0.5093
March	0.5235	0.5022	0.5151
April	0.5180	0.4980	0.5090
May	0.5165	0.4982	0.5064
June	0.5098	0.5002	0.5036
July	0.5114	0.4954	0.5035
August	0.5153	0.4909	0.5017
September	0.5153	0.4684	0.4969
October	0.4811	0.4495	0.4641
November	0.4718	0.4413	0.4578
December	0.4722	0.4524	0.4614