2011 MDL to ILS Historical Review

YEARLY HIGH

0.3272 ILS

YEARLY LOW

0.2854 ILS

YEARLY AVERAGE

0.3056 ILS

2011 MDL to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the MDL to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.3272. Conversely, the yearly low was recorded on January 12, dropping to 0.2854.

This high-to-low spread represents a total annual volatility of 0.0418 ILS. From a start-to-finish perspective, comparing the January average rate of 0.2948 to the December average rate of 0.3214, the exchange rate registered a net change of 9.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.3272 was up 2.52% compared to the 2010 peak of 0.3192, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,636 ILS

2010 Average 1,510 ILS

Yearly Trough Low 1,427 ILS

Transaction Impact: A difference of 208.89 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.3241

0.2922

JanuMarcMayJulySeptNove

MDL 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 0.2980, compared to 0.3133 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0153 points.

H1 Avg (Jan–Jun) 0.2980

H2 Avg (Jul–Dec) 0.3133

Volatility Range Comparison

Volatility

The most volatile month in 2011 was January, with a trading range of 0.0247 ILS (High: 0.3101 / Low: 0.2854). On the other end, November was the most stable month, with a tight range of 0.0061 ILS (High: 0.3208 / Low: 0.3147).

January Spread (Volatile) ±0.0247

November Spread (Stable) ±0.0061

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 February and March, when the average rate fell by 0.0070 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0070

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 0.3214) against the same month in 2010 (average: 0.2970), the exchange rate shifted by +0.0244 (+8.22%).

2011 Avg (December) 0.3214

2010 Avg (December) 0.2970

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3101	0.2854	0.2948
February	0.3115	0.2991	0.3053
March	0.3061	0.2911	0.2983
April	0.2996	0.2913	0.2948
May	0.3046	0.2943	0.2990
June	0.3016	0.2905	0.2957
July	0.3017	0.2946	0.2971
August	0.3201	0.3001	0.3126
September	0.3257	0.3118	0.3174
October	0.3195	0.3090	0.3133
November	0.3208	0.3147	0.3178
December	0.3272	0.3169	0.3214