2014 MMK to ILS Historical Review

YEARLY HIGH

0.0039 ILS

YEARLY LOW

0.0035 ILS

YEARLY AVERAGE

0.0036 ILS

2014 MMK to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the MMK to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 6, valuing the pair at 0.0039. Conversely, the yearly low was recorded on July 3, dropping to 0.0035.

This high-to-low spread represents a total annual volatility of 0.0004 ILS. From a start-to-finish perspective, comparing the January average rate of 0.0035 to the December average rate of 0.0038, the exchange rate registered a net change of 7.60% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0039 was down 12.35% compared to the 2013 peak of 0.0044, 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 19 ILS

2013 Average 19 ILS

Yearly Trough Low 17 ILS

Transaction Impact: A difference of 1.85 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0038

0.0035

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 0.0036, compared to 0.0037 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0036

H2 Avg (Jul–Dec) 0.0037

Volatility Range Comparison

Volatility

The most volatile month in 2014 was August, with a trading range of 0.0002 ILS (High: 0.0037 / Low: 0.0035). On the other end, April was the most stable month, with a tight range of 0.0000 ILS (High: 0.0036 / Low: 0.0036).

August Spread (Volatile) ±0.0002

April Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between January and April, 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 May and June, when the average rate fell by 0.0000 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 0.0038) against the same month in 2013 (average: 0.0036), the exchange rate shifted by +0.0003 (+7.18%).

2014 Avg (December) 0.0038

2013 Avg (December) 0.0036

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0036	0.0035	0.0035
February	0.0036	0.0036	0.0036
March	0.0036	0.0035	0.0036
April	0.0036	0.0036	0.0036
May	0.0036	0.0036	0.0036
June	0.0036	0.0035	0.0036
July	0.0035	0.0035	0.0035
August	0.0037	0.0035	0.0036
September	0.0037	0.0037	0.0037
October	0.0038	0.0037	0.0038
November	0.0038	0.0037	0.0037
December	0.0039	0.0038	0.0038