2014 RON to ILS Historical Review

YEARLY HIGH

1.1097 ILS

YEARLY LOW

1.0320 ILS

YEARLY AVERAGE

1.0679 ILS

2014 RON to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the RON to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 2, valuing the pair at 1.1097. Conversely, the yearly low was recorded on August 5, dropping to 1.0320.

This high-to-low spread represents a total annual volatility of 0.0777 ILS. From a start-to-finish perspective, comparing the January average rate of 1.0524 to the December average rate of 1.0851, the exchange rate registered a net change of 3.10% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 1.1097 was down 3.65% compared to the 2013 peak of 1.1518, 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 5,549 ILS

2013 Average 5,425 ILS

Yearly Trough Low 5,160 ILS

Transaction Impact: A difference of 388.60 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

1.0884

1.0482

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 1.0688, compared to 1.0670 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0018 points.

H1 Avg (Jan–Jun) 1.0688

H2 Avg (Jul–Dec) 1.0670

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 0.0554 ILS (High: 1.1097 / Low: 1.0543). On the other end, April was the most stable month, with a tight range of 0.0132 ILS (High: 1.0813 / Low: 1.0681).

December Spread (Volatile) ±0.0554

April Spread (Stable) ±0.0132

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0176 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0176

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 1.0851) against the same month in 2013 (average: 1.0754), the exchange rate shifted by +0.0097 (+0.90%).

2014 Avg (December) 1.0851

2013 Avg (December) 1.0754

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0673	1.0428	1.0524
February	1.0756	1.0536	1.0689
March	1.0781	1.0592	1.0702
April	1.0813	1.0681	1.0760
May	1.0831	1.0681	1.0761
June	1.0783	1.0623	1.0691
July	1.0682	1.0370	1.0516
August	1.0704	1.0320	1.0532
September	1.0695	1.0547	1.0628
October	1.0843	1.0464	1.0702
November	1.0959	1.0666	1.0792
December	1.1097	1.0543	1.0851