2012 MRO to ILS Historical Review

YEARLY HIGH

0.0136 ILS

YEARLY LOW

0.0124 ILS

YEARLY AVERAGE

0.0131 ILS

2012 MRO to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the MRO to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on June 28, valuing the pair at 0.0136. Conversely, the yearly low was recorded on December 30, dropping to 0.0124.

This high-to-low spread represents a total annual volatility of 0.0013 ILS. From a start-to-finish perspective, comparing the January average rate of 0.0132 to the December average rate of 0.0127, the exchange rate registered a net change of -4.22% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2012 high of 0.0136 was up 1.62% compared to the 2011 peak of 0.0134, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 68 ILS

2011 Average 64 ILS

Yearly Trough Low 62 ILS

Transaction Impact: A difference of 6.43 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

0.0136

0.0126

JanuMarcMayJulySeptNove

MRO 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 0.0131, compared to 0.0131 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0131

H2 Avg (Jul–Dec) 0.0131

Volatility Range Comparison

Volatility

The most volatile month in 2012 was January, with a trading range of 0.0006 ILS (High: 0.0135 / Low: 0.0130). On the other end, February was the most stable month, with a tight range of 0.0002 ILS (High: 0.0130 / Low: 0.0128).

January Spread (Volatile) ±0.0006

February Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between February and July, 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 November and December, when the average rate fell by 0.0004 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2012: 0.0133) against the same month in 2011 (average: 0.0125), the exchange rate shifted by +0.0008 (+6.46%).

2012 Avg (June) 0.0133

2011 Avg (June) 0.0125

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0135	0.0130	0.0132
February	0.0130	0.0128	0.0128
March	0.0130	0.0127	0.0129
April	0.0130	0.0127	0.0129
May	0.0134	0.0130	0.0131
June	0.0136	0.0131	0.0133
July	0.0136	0.0133	0.0135
August	0.0134	0.0131	0.0133
September	0.0134	0.0129	0.0131
October	0.0130	0.0126	0.0128
November	0.0133	0.0128	0.0131
December	0.0128	0.0124	0.0127