2013 SAR to ILS Historical Review

YEARLY HIGH

1.0076 ILS

YEARLY LOW

0.9259 ILS

YEARLY AVERAGE

0.9626 ILS

2013 SAR to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the SAR to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 1.0076. Conversely, the yearly low was recorded on December 31, dropping to 0.9259.

This high-to-low spread represents a total annual volatility of 0.0816 ILS. From a start-to-finish perspective, comparing the January average rate of 0.9964 to the December average rate of 0.9339, the exchange rate registered a net change of -6.27% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2013 high of 1.0076 was down 7.37% compared to the 2012 peak of 1.0878, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,038 ILS

2012 Average 5,139 ILS

Yearly Trough Low 4,630 ILS

Transaction Impact: A difference of 408.24 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

1.0027

0.9277

JanuMarcMayJulySeptNove

SAR 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 0.9776, compared to 0.9475 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0300 points.

H1 Avg (Jan–Jun) 0.9776

H2 Avg (Jul–Dec) 0.9475

Volatility Range Comparison

Volatility

The most volatile month in 2013 was May, with a trading range of 0.0396 ILS (High: 0.9878 / Low: 0.9481). On the other end, November was the most stable month, with a tight range of 0.0108 ILS (High: 0.9496 / Low: 0.9388).

May Spread (Volatile) ±0.0396

November Spread (Stable) ±0.0108

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2013. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0159 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0159

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2013: 0.9964) against the same month in 2012 (average: 1.0156), the exchange rate shifted by -0.0192 (-1.89%).

2013 Avg (January) 0.9964

2012 Avg (January) 1.0156

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0076	0.9909	0.9964
February	0.9939	0.9798	0.9850
March	0.9959	0.9679	0.9816
April	0.9721	0.9578	0.9657
May	0.9878	0.9481	0.9686
June	0.9844	0.9578	0.9681
July	0.9763	0.9510	0.9606
August	0.9736	0.9417	0.9531
September	0.9726	0.9337	0.9515
October	0.9504	0.9378	0.9433
November	0.9496	0.9388	0.9428
December	0.9402	0.9259	0.9339