2011 MMK to ILS Historical Review

YEARLY HIGH

0.5924 ILS

YEARLY LOW

0.5167 ILS

YEARLY AVERAGE

0.5516 ILS

2011 MMK to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the MMK to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on November 25, valuing the pair at 0.5924. Conversely, the yearly low was recorded on June 7, dropping to 0.5167.

This high-to-low spread represents a total annual volatility of 0.0757 ILS. From a start-to-finish perspective, comparing the January average rate of 0.5513 to the December average rate of 0.5830, the exchange rate registered a net change of 5.75% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.5924 was down 0.90% compared to the 2010 peak of 0.5978, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,962 ILS

2010 Average 2,868 ILS

Yearly Trough Low 2,584 ILS

Transaction Impact: A difference of 378.72 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.5889

0.5186

JanuMarcMayJulySeptNove

MMK 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 0.5408, compared to 0.5624 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0216 points.

H1 Avg (Jan–Jun) 0.5408

H2 Avg (Jul–Dec) 0.5624

Volatility Range Comparison

Volatility

The most volatile month in 2011 was August, with a trading range of 0.0382 ILS (High: 0.5630 / Low: 0.5249). On the other end, April was the most stable month, with a tight range of 0.0140 ILS (High: 0.5344 / Low: 0.5204).

August Spread (Volatile) ±0.0382

April Spread (Stable) ±0.0140

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 March and April, 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 (November 2011: 0.5768) against the same month in 2010 (average: 0.5599), the exchange rate shifted by +0.0169 (+3.02%).

2011 Avg (November) 0.5768

2010 Avg (November) 0.5599

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5705	0.5415	0.5513
February	0.5708	0.5537	0.5623
March	0.5581	0.5342	0.5475
April	0.5344	0.5204	0.5269
May	0.5432	0.5184	0.5322
June	0.5346	0.5167	0.5245
July	0.5352	0.5212	0.5265
August	0.5630	0.5249	0.5490
September	0.5839	0.5489	0.5720
October	0.5836	0.5516	0.5671
November	0.5924	0.5635	0.5768
December	0.5912	0.5743	0.5830