2011 QAR to ILS Historical Review

YEARLY HIGH

1.0490 ILS

YEARLY LOW

0.9241 ILS

YEARLY AVERAGE

0.9832 ILS

2011 QAR to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the QAR to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 1.0490. Conversely, the yearly low was recorded on June 7, dropping to 0.9241.

This high-to-low spread represents a total annual volatility of 0.1249 ILS. From a start-to-finish perspective, comparing the January average rate of 0.9860 to the December average rate of 1.0372, the exchange rate registered a net change of 5.20% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 1.0490 was down 1.89% compared to the 2010 peak of 1.0692, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,245 ILS

2010 Average 5,130 ILS

Yearly Trough Low 4,621 ILS

Transaction Impact: A difference of 624.52 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

1.0471

0.9281

JanuMarcMayJulySeptNove

QAR 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 0.9672, compared to 0.9992 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0320 points.

H1 Avg (Jan–Jun) 0.9672

H2 Avg (Jul–Dec) 0.9992

Volatility Range Comparison

Volatility

The most volatile month in 2011 was August, with a trading range of 0.0533 ILS (High: 0.9918 / Low: 0.9385). On the other end, July was the most stable month, with a tight range of 0.0184 ILS (High: 0.9504 / Low: 0.9321).

August Spread (Volatile) ±0.0533

July Spread (Stable) ±0.0184

Growth Streaks & Declines

Trends

Between June and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0369 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0369

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 1.0372) against the same month in 2010 (average: 0.9899), the exchange rate shifted by +0.0473 (+4.77%).

2011 Avg (December) 1.0372

2010 Avg (December) 0.9899

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0202	0.9684	0.9860
February	1.0208	0.9903	1.0057
March	0.9981	0.9554	0.9792
April	0.9557	0.9308	0.9424
May	0.9715	0.9271	0.9519
June	0.9561	0.9241	0.9380
July	0.9504	0.9321	0.9386
August	0.9918	0.9385	0.9752
September	1.0285	0.9816	1.0129
October	1.0319	0.9868	1.0072
November	1.0442	1.0050	1.0240
December	1.0490	1.0236	1.0372