2014 LSL to ILS Historical Review

YEARLY HIGH

0.3582 ILS

YEARLY LOW

0.3120 ILS

YEARLY AVERAGE

0.3297 ILS

2014 LSL to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the LSL to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 2, valuing the pair at 0.3582. Conversely, the yearly low was recorded on January 30, dropping to 0.3120.

This high-to-low spread represents a total annual volatility of 0.0462 ILS. From a start-to-finish perspective, comparing the January average rate of 0.3218 to the December average rate of 0.3420, the exchange rate registered a net change of 6.27% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.3582 was down 18.69% compared to the 2013 peak of 0.4405, 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 1,791 ILS

2013 Average 1,878 ILS

Yearly Trough Low 1,560 ILS

Transaction Impact: A difference of 230.96 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.3481

0.3178

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 0.3253, compared to 0.3341 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0088 points.

H1 Avg (Jan–Jun) 0.3253

H2 Avg (Jul–Dec) 0.3341

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 0.0238 ILS (High: 0.3582 / Low: 0.3344). On the other end, April was the most stable month, with a tight range of 0.0070 ILS (High: 0.3330 / Low: 0.3260).

December Spread (Volatile) ±0.0238

April Spread (Stable) ±0.0070

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 May and June, when the average rate fell by 0.0092 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0092

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 0.3420) against the same month in 2013 (average: 0.3379), the exchange rate shifted by +0.0041 (+1.21%).

2014 Avg (December) 0.3420

2013 Avg (December) 0.3379

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3303	0.3120	0.3218
February	0.3269	0.3129	0.3203
March	0.3305	0.3192	0.3238
April	0.3330	0.3260	0.3294
May	0.3377	0.3283	0.3329
June	0.3293	0.3205	0.3238
July	0.3264	0.3177	0.3214
August	0.3357	0.3188	0.3282
September	0.3368	0.3266	0.3312
October	0.3459	0.3252	0.3365
November	0.3542	0.3378	0.3455
December	0.3582	0.3344	0.3420