2014 LTL to ILS Historical Review

YEARLY HIGH

1.4238 ILS

YEARLY LOW

1.3266 ILS

YEARLY AVERAGE

1.3745 ILS

2014 LTL to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the LTL to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 2, valuing the pair at 1.4238. Conversely, the yearly low was recorded on August 4, dropping to 1.3266.

This high-to-low spread represents a total annual volatility of 0.0971 ILS. From a start-to-finish perspective, comparing the January average rate of 1.3781 to the December average rate of 1.4017, the exchange rate registered a net change of 1.71% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 1.4238 was down 2.66% compared to the 2013 peak of 1.4626, 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 7,119 ILS

2013 Average 6,941 ILS

Yearly Trough Low 6,633 ILS

Transaction Impact: A difference of 485.72 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

1.4076

1.3372

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 1.3816, compared to 1.3673 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0143 points.

H1 Avg (Jan–Jun) 1.3816

H2 Avg (Jul–Dec) 1.3673

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 0.0554 ILS (High: 1.4238 / Low: 1.3684). On the other end, March was the most stable month, with a tight range of 0.0117 ILS (High: 1.3997 / Low: 1.3880).

December Spread (Volatile) ±0.0554

March Spread (Stable) ±0.0117

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 May and June, when the average rate fell by 0.0184 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0184

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 1.4017) against the same month in 2013 (average: 1.3898), the exchange rate shifted by +0.0119 (+0.86%).

2014 Avg (December) 1.4017

2013 Avg (December) 1.3898

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.3844	1.3692	1.3781
February	1.3999	1.3732	1.3906
March	1.3997	1.3880	1.3927
April	1.3939	1.3811	1.3900
May	1.3911	1.3700	1.3784
June	1.3724	1.3505	1.3599
July	1.3575	1.3296	1.3431
August	1.3629	1.3266	1.3495
September	1.3653	1.3474	1.3572
October	1.3884	1.3377	1.3682
November	1.4053	1.3667	1.3843
December	1.4238	1.3684	1.4017