2012 SCR to ILS Historical Review

YEARLY HIGH

0.3118 ILS

YEARLY LOW

0.2604 ILS

YEARLY AVERAGE

0.2812 ILS

2012 SCR to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the SCR to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on August 13, valuing the pair at 0.3118. Conversely, the yearly low was recorded on April 3, dropping to 0.2604.

This high-to-low spread represents a total annual volatility of 0.0514 ILS. From a start-to-finish perspective, comparing the January average rate of 0.2745 to the December average rate of 0.2886, the exchange rate registered a net change of 5.16% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2012 high of 0.3118 was up 2.17% compared to the 2011 peak of 0.3052, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,559 ILS

2011 Average 1,437 ILS

Yearly Trough Low 1,302 ILS

Transaction Impact: A difference of 257.05 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

0.3066

0.2632

JanuMarcMayJulySeptNove

SCR 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 0.2692, compared to 0.2933 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0240 points.

H1 Avg (Jan–Jun) 0.2692

H2 Avg (Jul–Dec) 0.2933

Volatility Range Comparison

Volatility

The most volatile month in 2012 was August, with a trading range of 0.0305 ILS (High: 0.3118 / Low: 0.2813). On the other end, December was the most stable month, with a tight range of 0.0094 ILS (High: 0.2932 / Low: 0.2838).

August Spread (Volatile) ±0.0305

December Spread (Stable) ±0.0094

Growth Streaks & Declines

Trends

Between February and May, 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 September and October, when the average rate fell by 0.0090 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0090

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2012: 0.3027) against the same month in 2011 (average: 0.2897), the exchange rate shifted by +0.0131 (+4.51%).

2012 Avg (August) 0.3027

2011 Avg (August) 0.2897

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2865	0.2642	0.2745
February	0.2721	0.2608	0.2668
March	0.2778	0.2605	0.2670
April	0.2729	0.2604	0.2672
May	0.2759	0.2647	0.2706
June	0.2777	0.2648	0.2693
July	0.2902	0.2667	0.2744
August	0.3118	0.2813	0.3027
September	0.3101	0.2984	0.3030
October	0.2997	0.2892	0.2940
November	0.3013	0.2906	0.2969
December	0.2932	0.2838	0.2886