2011 NGN to ILS Historical Review

YEARLY HIGH

0.0244 ILS

YEARLY LOW

0.0217 ILS

YEARLY AVERAGE

0.0230 ILS

2011 NGN to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the NGN to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on January 31, valuing the pair at 0.0244. Conversely, the yearly low was recorded on June 7, dropping to 0.0217.

This high-to-low spread represents a total annual volatility of 0.0027 ILS. From a start-to-finish perspective, comparing the January average rate of 0.0235 to the December average rate of 0.0233, the exchange rate registered a net change of -1.15% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0244 was down 5.95% compared to the 2010 peak of 0.0259, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 NGN based on timing:

Yearly Peak High 24,394 ILS

2010 Average 24,716 ILS

Yearly Trough Low 21,651 ILS

Transaction Impact: A difference of 2,743.51 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0241

0.0217

JanuMarcMayJulySeptNove

NGN 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 0.0228, compared to 0.0231 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0228

H2 Avg (Jul–Dec) 0.0231

Volatility Range Comparison

Volatility

The most volatile month in 2011 was August, with a trading range of 0.0020 ILS (High: 0.0243 / Low: 0.0224). On the other end, July was the most stable month, with a tight range of 0.0006 ILS (High: 0.0228 / Low: 0.0222).

August Spread (Volatile) ±0.0020

July Spread (Stable) ±0.0006

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 0.0010 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 0.0235) against the same month in 2010 (average: 0.0247), the exchange rate shifted by -0.0012 (-4.83%).

2011 Avg (January) 0.0235

2010 Avg (January) 0.0247

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0244	0.0231	0.0235
February	0.0244	0.0234	0.0239
March	0.0237	0.0224	0.0230
April	0.0225	0.0219	0.0222
May	0.0227	0.0219	0.0222
June	0.0224	0.0217	0.0219
July	0.0228	0.0222	0.0224
August	0.0243	0.0224	0.0231
September	0.0240	0.0231	0.0236
October	0.0237	0.0224	0.0229
November	0.0239	0.0230	0.0235
December	0.0236	0.0230	0.0233