2013 PEN to ILS Historical Review

YEARLY HIGH

1.4842 ILS

YEARLY LOW

1.2415 ILS

YEARLY AVERAGE

1.3385 ILS

2013 PEN to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the PEN to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 1.4842. Conversely, the yearly low was recorded on December 31, dropping to 1.2415.

This high-to-low spread represents a total annual volatility of 0.2426 ILS. From a start-to-finish perspective, comparing the January average rate of 1.4654 to the December average rate of 1.2571, the exchange rate registered a net change of -14.21% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2013 high of 1.4842 was down 4.36% compared to the 2012 peak of 1.5519, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 7,421 ILS

2012 Average 7,307 ILS

Yearly Trough Low 6,208 ILS

Transaction Impact: A difference of 1,213.07 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

1.4862

1.2363

JanuMarcMayJulySeptNove

PEN 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 1.4010, compared to 1.2761 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1249 points.

H1 Avg (Jan–Jun) 1.4010

H2 Avg (Jul–Dec) 1.2761

Volatility Range Comparison

Volatility

The most volatile month in 2013 was June, with a trading range of 0.0658 ILS (High: 1.3592 / Low: 1.2934). On the other end, October was the most stable month, with a tight range of 0.0124 ILS (High: 1.2833 / Low: 1.2708).

June Spread (Volatile) ±0.0658

October Spread (Stable) ±0.0124

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2013. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0544 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0544

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2013: 1.4654) against the same month in 2012 (average: 1.4140), the exchange rate shifted by +0.0514 (+3.64%).

2013 Avg (January) 1.4654

2012 Avg (January) 1.4140

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.4842	1.4467	1.4654
February	1.4411	1.4219	1.4316
March	1.4406	1.3971	1.4188
April	1.4082	1.3609	1.3950
May	1.4014	1.3491	1.3747
June	1.3592	1.2934	1.3203
July	1.3204	1.2793	1.2970
August	1.2989	1.2627	1.2763
September	1.3025	1.2721	1.2841
October	1.2833	1.2708	1.2773
November	1.2754	1.2585	1.2647
December	1.2695	1.2415	1.2571