2015 MRO to ILS Historical Review

YEARLY HIGH

0.0140 ILS

YEARLY LOW

0.0115 ILS

YEARLY AVERAGE

0.0126 ILS

2015 MRO to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the MRO to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on March 22, valuing the pair at 0.0140. Conversely, the yearly low was recorded on November 9, dropping to 0.0115.

This high-to-low spread represents a total annual volatility of 0.0025 ILS. From a start-to-finish perspective, comparing the January average rate of 0.0135 to the December average rate of 0.0127, the exchange rate registered a net change of -6.16% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.0140 was up 1.88% compared to the 2014 peak of 0.0138, 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 70 ILS

2014 Average 61 ILS

Yearly Trough Low 58 ILS

Transaction Impact: A difference of 12.52 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.0137

0.0114

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 0.0129, compared to 0.0123 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0129

H2 Avg (Jul–Dec) 0.0123

Volatility Range Comparison

Volatility

The most volatile month in 2015 was October, with a trading range of 0.0017 ILS (High: 0.0135 / Low: 0.0118). On the other end, July was the most stable month, with a tight range of 0.0003 ILS (High: 0.0118 / Low: 0.0115).

October Spread (Volatile) ±0.0017

July Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between July and October, 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 0.0009 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2015: 0.0135) against the same month in 2014 (average: 0.0119), the exchange rate shifted by +0.0016 (+13.13%).

2015 Avg (March) 0.0135

2014 Avg (March) 0.0119

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0137	0.0133	0.0135
February	0.0137	0.0132	0.0134
March	0.0140	0.0125	0.0135
April	0.0127	0.0124	0.0125
May	0.0128	0.0121	0.0123
June	0.0124	0.0115	0.0119
July	0.0118	0.0115	0.0116
August	0.0125	0.0116	0.0120
September	0.0134	0.0121	0.0126
October	0.0135	0.0118	0.0129
November	0.0123	0.0115	0.0121
December	0.0130	0.0125	0.0127