2011 PLN to ILS Historical Review

YEARLY HIGH

1.2992 ILS

YEARLY LOW

1.0846 ILS

YEARLY AVERAGE

1.2107 ILS

2011 PLN to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the PLN to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 1.2992. Conversely, the yearly low was recorded on December 14, dropping to 1.0846.

This high-to-low spread represents a total annual volatility of 0.2146 ILS. From a start-to-finish perspective, comparing the January average rate of 1.2320 to the December average rate of 1.1114, the exchange rate registered a net change of -9.79% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 1.2992 was down 2.28% compared to the 2010 peak of 1.3296, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 PLN based on timing:

Yearly Peak High 25,985 ILS

2010 Average 24,794 ILS

Yearly Trough Low 21,692 ILS

Transaction Impact: A difference of 4,292.82 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

1.2884

1.0953

JanuMarcMayJulySeptNove

PLN 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 1.2492, compared to 1.1721 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0771 points.

H1 Avg (Jan–Jun) 1.2492

H2 Avg (Jul–Dec) 1.1721

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 0.1274 ILS (High: 1.2316 / Low: 1.1042). On the other end, June was the most stable month, with a tight range of 0.0285 ILS (High: 1.2525 / Low: 1.2239).

September Spread (Volatile) ±0.1274

June Spread (Stable) ±0.0285

Growth Streaks & Declines

Trends

Between March and May, 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 August and September, when the average rate fell by 0.0615 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0615

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2011: 1.2723) against the same month in 2010 (average: 1.2757), the exchange rate shifted by -0.0034 (-0.27%).

2011 Avg (February) 1.2723

2010 Avg (February) 1.2757

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.2918	1.1804	1.2320
February	1.2992	1.2470	1.2723
March	1.2697	1.2193	1.2419
April	1.2794	1.2173	1.2494
May	1.2828	1.2390	1.2621
June	1.2525	1.2239	1.2373
July	1.2487	1.1966	1.2219
August	1.2539	1.2074	1.2336
September	1.2316	1.1042	1.1722
October	1.1770	1.1232	1.1546
November	1.1624	1.1095	1.1390
December	1.1280	1.0846	1.1114