2011 RON to ILS Historical Review

YEARLY HIGH

1.2351 ILS

YEARLY LOW

1.0784 ILS

YEARLY AVERAGE

1.1747 ILS

2011 RON to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the RON to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on April 28, valuing the pair at 1.2351. Conversely, the yearly low was recorded on January 11, dropping to 1.0784.

This high-to-low spread represents a total annual volatility of 0.1567 ILS. From a start-to-finish perspective, comparing the January average rate of 1.1250 to the December average rate of 1.1495, the exchange rate registered a net change of 2.18% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 1.2351 was down 4.80% compared to the 2010 peak of 1.2974, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,175 ILS

2010 Average 5,882 ILS

Yearly Trough Low 5,392 ILS

Transaction Impact: A difference of 783.39 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

1.2176

1.1166

JanuMarcMayJulySeptNove

RON 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 1.1817, compared to 1.1676 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0141 points.

H1 Avg (Jan–Jun) 1.1817

H2 Avg (Jul–Dec) 1.1676

Volatility Range Comparison

Volatility

The most volatile month in 2011 was January, with a trading range of 0.1156 ILS (High: 1.1940 / Low: 1.0784). On the other end, December was the most stable month, with a tight range of 0.0210 ILS (High: 1.1590 / Low: 1.1381).

January Spread (Volatile) ±0.1156

December Spread (Stable) ±0.0210

Growth Streaks & Declines

Trends

Between January and April, 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 May and June, when the average rate fell by 0.0364 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0364

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2011: 1.2092) against the same month in 2010 (average: 1.2065), the exchange rate shifted by +0.0027 (+0.22%).

2011 Avg (April) 1.2092

2010 Avg (April) 1.2065

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.1940	1.0784	1.1250
February	1.1950	1.1481	1.1767
March	1.2278	1.1772	1.1995
April	1.2351	1.1891	1.2092
May	1.2326	1.1890	1.2082
June	1.1937	1.1540	1.1717
July	1.1798	1.1297	1.1511
August	1.2292	1.1563	1.1962
September	1.2173	1.1590	1.1866
October	1.1803	1.1465	1.1630
November	1.1728	1.1503	1.1594
December	1.1590	1.1381	1.1495