2012 LTL to ILS Historical Review

YEARLY HIGH

1.4808 ILS

YEARLY LOW

1.3957 ILS

YEARLY AVERAGE

1.4344 ILS

2012 LTL to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the LTL to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on September 13, valuing the pair at 1.4808. Conversely, the yearly low was recorded on May 30, dropping to 1.3957.

This high-to-low spread represents a total annual volatility of 0.0851 ILS. From a start-to-finish perspective, comparing the January average rate of 1.4232 to the December average rate of 1.4354, the exchange rate registered a net change of 0.86% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2012 high of 1.4808 was down 1.82% compared to the 2011 peak of 1.5082, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 7,404 ILS

2011 Average 7,206 ILS

Yearly Trough Low 6,978 ILS

Transaction Impact: A difference of 425.43 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

1.4742

1.4054

JanuMarcMayJulySeptNove

LTL 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 1.4254, compared to 1.4434 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0180 points.

H1 Avg (Jan–Jun) 1.4254

H2 Avg (Jul–Dec) 1.4434

Volatility Range Comparison

Volatility

The most volatile month in 2012 was August, with a trading range of 0.0577 ILS (High: 1.4663 / Low: 1.4085). On the other end, December was the most stable month, with a tight range of 0.0199 ILS (High: 1.4461 / Low: 1.4262).

August Spread (Volatile) ±0.0577

December Spread (Stable) ±0.0199

Growth Streaks & Declines

Trends

Between June and September, 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 0.0206 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0206

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2012: 1.4685) against the same month in 2011 (average: 1.4713), the exchange rate shifted by -0.0028 (-0.19%).

2012 Avg (September) 1.4685

2011 Avg (September) 1.4713

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.4452	1.4139	1.4232
February	1.4644	1.4080	1.4313
March	1.4539	1.4285	1.4391
April	1.4379	1.4148	1.4286
May	1.4429	1.3957	1.4190
June	1.4309	1.3965	1.4111
July	1.4477	1.4014	1.4196
August	1.4663	1.4085	1.4404
September	1.4808	1.4565	1.4685
October	1.4599	1.4364	1.4479
November	1.4638	1.4354	1.4485
December	1.4461	1.4262	1.4354