2016 RSD to ILS Historical Review

YEARLY HIGH

0.0358 ILS

YEARLY LOW

0.0323 ILS

YEARLY AVERAGE

0.0345 ILS

2016 RSD to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the RSD to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on February 11, valuing the pair at 0.0358. Conversely, the yearly low was recorded on December 22, dropping to 0.0323.

This high-to-low spread represents a total annual volatility of 0.0035 ILS. From a start-to-finish perspective, comparing the January average rate of 0.0350 to the December average rate of 0.0327, the exchange rate registered a net change of -6.42% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0358 was down 8.65% compared to the 2015 peak of 0.0392, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 179 ILS

2015 Average 179 ILS

Yearly Trough Low 161 ILS

Transaction Impact: A difference of 17.56 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0356

0.0325

JanuMarcMayJulySeptNove

RSD 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 0.0350, compared to 0.0340 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.0350

H2 Avg (Jul–Dec) 0.0340

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0014 ILS (High: 0.0344 / Low: 0.0330). On the other end, August was the most stable month, with a tight range of 0.0004 ILS (High: 0.0347 / Low: 0.0343).

November Spread (Volatile) ±0.0014

August Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between April and June, 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 November and December, when the average rate fell by 0.0009 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2016: 0.0353) against the same month in 2015 (average: 0.0364), the exchange rate shifted by -0.0011 (-3.12%).

2016 Avg (February) 0.0353

2015 Avg (February) 0.0364

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0353	0.0347	0.0350
February	0.0358	0.0346	0.0353
March	0.0354	0.0342	0.0349
April	0.0354	0.0344	0.0348
May	0.0355	0.0347	0.0351
June	0.0355	0.0346	0.0352
July	0.0349	0.0342	0.0346
August	0.0347	0.0343	0.0345
September	0.0346	0.0341	0.0343
October	0.0345	0.0340	0.0342
November	0.0344	0.0330	0.0337
December	0.0332	0.0323	0.0327