2015 PEN to ILS Historical Review

YEARLY HIGH

1.3346 ILS

YEARLY LOW

1.1352 ILS

YEARLY AVERAGE

1.2225 ILS

2015 PEN to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the PEN to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on January 25, valuing the pair at 1.3346. Conversely, the yearly low was recorded on December 6, dropping to 1.1352.

This high-to-low spread represents a total annual volatility of 0.1994 ILS. From a start-to-finish perspective, comparing the January average rate of 1.3132 to the December average rate of 1.1465, the exchange rate registered a net change of -12.69% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 1.3346 was down 1.25% compared to the 2014 peak of 1.3515, 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 6,673 ILS

2014 Average 6,298 ILS

Yearly Trough Low 5,676 ILS

Transaction Impact: A difference of 996.96 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

1.3299

1.1298

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 1.2619, compared to 1.1831 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0788 points.

H1 Avg (Jan–Jun) 1.2619

H2 Avg (Jul–Dec) 1.1831

Volatility Range Comparison

Volatility

The most volatile month in 2015 was January, with a trading range of 0.0487 ILS (High: 1.3346 / Low: 1.2858). On the other end, December was the most stable month, with a tight range of 0.0197 ILS (High: 1.1549 / Low: 1.1352).

January Spread (Volatile) ±0.0487

December Spread (Stable) ±0.0197

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2015. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0476 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0476

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2015: 1.3132) against the same month in 2014 (average: 1.2433), the exchange rate shifted by +0.0699 (+5.62%).

2015 Avg (January) 1.3132

2014 Avg (January) 1.2433

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.3346	1.2858	1.3132
February	1.2859	1.2456	1.2656
March	1.3132	1.2786	1.2934
April	1.2806	1.2343	1.2624
May	1.2413	1.2108	1.2278
June	1.2270	1.1825	1.2092
July	1.2047	1.1846	1.1917
August	1.2107	1.1663	1.1859
September	1.2281	1.2031	1.2164
October	1.2170	1.1769	1.1918
November	1.1863	1.1460	1.1666
December	1.1549	1.1352	1.1465