2011 NPR to ILS Historical Review

YEARLY HIGH

0.0521 ILS

YEARLY LOW

0.0441 ILS

YEARLY AVERAGE

0.0484 ILS

2011 NPR to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the NPR to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 0.0521. Conversely, the yearly low was recorded on December 16, dropping to 0.0441.

This high-to-low spread represents a total annual volatility of 0.0079 ILS. From a start-to-finish perspective, comparing the January average rate of 0.0504 to the December average rate of 0.0450, the exchange rate registered a net change of -10.72% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0521 was down 3.62% compared to the 2010 peak of 0.0540, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 260 ILS

2010 Average 262 ILS

Yearly Trough Low 221 ILS

Transaction Impact: A difference of 39.56 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0521

0.0444

JanuMarcMayJulySeptNove

NPR 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 0.0494, compared to 0.0475 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0019 points.

H1 Avg (Jan–Jun) 0.0494

H2 Avg (Jul–Dec) 0.0475

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 0.0026 ILS (High: 0.0503 / Low: 0.0478). On the other end, August was the most stable month, with a tight range of 0.0011 ILS (High: 0.0495 / Low: 0.0484).

September Spread (Volatile) ±0.0026

August Spread (Stable) ±0.0011

Growth Streaks & Declines

Trends

Between June and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0019 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0019

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2011: 0.0514) against the same month in 2010 (average: 0.0521), the exchange rate shifted by -0.0007 (-1.38%).

2011 Avg (February) 0.0514

2010 Avg (February) 0.0521

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0520	0.0496	0.0504
February	0.0521	0.0508	0.0514
March	0.0513	0.0493	0.0503
April	0.0493	0.0479	0.0484
May	0.0489	0.0475	0.0482
June	0.0484	0.0469	0.0476
July	0.0488	0.0476	0.0481
August	0.0495	0.0484	0.0489
September	0.0503	0.0478	0.0488
October	0.0485	0.0462	0.0473
November	0.0478	0.0455	0.0467
December	0.0465	0.0441	0.0450