2014 NOK to ILS Historical Review

YEARLY HIGH

0.5865 ILS

YEARLY LOW

0.5229 ILS

YEARLY AVERAGE

0.5681 ILS

2014 NOK to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the NOK to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on May 21, valuing the pair at 0.5865. Conversely, the yearly low was recorded on December 31, dropping to 0.5229.

This high-to-low spread represents a total annual volatility of 0.0636 ILS. From a start-to-finish perspective, comparing the January average rate of 0.5676 to the December average rate of 0.5386, the exchange rate registered a net change of -5.10% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.5865 was down 13.72% compared to the 2013 peak of 0.6798, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,932 ILS

2013 Average 3,074 ILS

Yearly Trough Low 2,615 ILS

Transaction Impact: A difference of 317.80 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.5878

0.5342

JanuMarcMayJulySeptNove

NOK 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 0.5762, compared to 0.5599 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0163 points.

H1 Avg (Jan–Jun) 0.5762

H2 Avg (Jul–Dec) 0.5599

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 0.0431 ILS (High: 0.5660 / Low: 0.5229). On the other end, May was the most stable month, with a tight range of 0.0057 ILS (High: 0.5865 / Low: 0.5808).

December Spread (Volatile) ±0.0431

May Spread (Stable) ±0.0057

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0232 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0232

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2014: 0.5834) against the same month in 2013 (average: 0.6237), the exchange rate shifted by -0.0403 (-6.46%).

2014 Avg (May) 0.5834

2013 Avg (May) 0.6237

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5719	0.5605	0.5676
February	0.5823	0.5598	0.5738
March	0.5844	0.5743	0.5796
April	0.5847	0.5775	0.5811
May	0.5865	0.5808	0.5834
June	0.5821	0.5585	0.5718
July	0.5596	0.5460	0.5528
August	0.5778	0.5446	0.5645
September	0.5777	0.5671	0.5726
October	0.5750	0.5622	0.5693
November	0.5698	0.5540	0.5618
December	0.5660	0.5229	0.5386