2014 PGK to ILS Historical Review

YEARLY HIGH

1.5476 ILS

YEARLY LOW

1.2087 ILS

YEARLY AVERAGE

1.3947 ILS

2014 PGK to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the PGK to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 8, valuing the pair at 1.5476. Conversely, the yearly low was recorded on June 1, dropping to 1.2087.

This high-to-low spread represents a total annual volatility of 0.3389 ILS. From a start-to-finish perspective, comparing the January average rate of 1.3975 to the December average rate of 1.5236, the exchange rate registered a net change of 9.02% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 1.5476 was down 16.61% compared to the 2013 peak of 1.8559, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 7,738 ILS

2013 Average 7,924 ILS

Yearly Trough Low 6,043 ILS

Transaction Impact: A difference of 1,694.73 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

1.5528

1.2016

JanuMarcMayJulySeptNove

PGK 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 1.3228, compared to 1.4667 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1439 points.

H1 Avg (Jan–Jun) 1.3228

H2 Avg (Jul–Dec) 1.4667

Volatility Range Comparison

Volatility

The most volatile month in 2014 was June, with a trading range of 0.2095 ILS (High: 1.4182 / Low: 1.2087). On the other end, July was the most stable month, with a tight range of 0.0182 ILS (High: 1.4121 / Low: 1.3939).

June Spread (Volatile) ±0.2095

July Spread (Stable) ±0.0182

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0659 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0659

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 1.5236) against the same month in 2013 (average: 1.3965), the exchange rate shifted by +0.1271 (+9.10%).

2014 Avg (December) 1.5236

2013 Avg (December) 1.3965

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.4105	1.3798	1.3975
February	1.4027	1.3378	1.3779
March	1.3874	1.2836	1.3298
April	1.3121	1.2406	1.2639
May	1.2451	1.2095	1.2309
June	1.4182	1.2087	1.3367
July	1.4121	1.3939	1.4021
August	1.4499	1.3879	1.4200
September	1.4850	1.4392	1.4652
October	1.5010	1.4643	1.4860
November	1.5229	1.4811	1.5034
December	1.5476	1.5036	1.5236