2016 SAR to ILS Historical Review

YEARLY HIGH

1.0612 ILS

YEARLY LOW

0.9969 ILS

YEARLY AVERAGE

1.0235 ILS

2016 SAR to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the SAR to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on January 24, valuing the pair at 1.0612. Conversely, the yearly low was recorded on May 1, dropping to 0.9969.

This high-to-low spread represents a total annual volatility of 0.0643 ILS. From a start-to-finish perspective, comparing the January average rate of 1.0521 to the December average rate of 1.0215, the exchange rate registered a net change of -2.91% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 1.0612 was down 1.66% compared to the 2015 peak of 1.0791, 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 5,306 ILS

2015 Average 5,179 ILS

Yearly Trough Low 4,985 ILS

Transaction Impact: A difference of 321.52 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1.0570

0.9988

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 1.0292, compared to 1.0178 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0114 points.

H1 Avg (Jan–Jun) 1.0292

H2 Avg (Jul–Dec) 1.0178

Volatility Range Comparison

Volatility

The most volatile month in 2016 was March, with a trading range of 0.0401 ILS (High: 1.0433 / Low: 1.0032). On the other end, September was the most stable month, with a tight range of 0.0095 ILS (High: 1.0085 / Low: 0.9990).

March Spread (Volatile) ±0.0401

September Spread (Stable) ±0.0095

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 March and April, when the average rate fell by 0.0246 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0246

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 1.0521) against the same month in 2015 (average: 1.0506), the exchange rate shifted by +0.0015 (+0.14%).

2016 Avg (January) 1.0521

2015 Avg (January) 1.0506

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0612	1.0362	1.0521
February	1.0564	1.0331	1.0412
March	1.0433	1.0032	1.0304
April	1.0152	0.9970	1.0058
May	1.0349	0.9969	1.0166
June	1.0368	1.0203	1.0289
July	1.0361	1.0146	1.0278
August	1.0236	1.0027	1.0122
September	1.0085	0.9990	1.0036
October	1.0296	0.9990	1.0178
November	1.0355	1.0112	1.0240
December	1.0337	1.0124	1.0215