2018 SCR to ILS Historical Review

YEARLY HIGH

0.2769 ILS

YEARLY LOW

0.2402 ILS

YEARLY AVERAGE

0.2640 ILS

2018 SCR to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the SCR to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 26, valuing the pair at 0.2769. Conversely, the yearly low was recorded on January 15, dropping to 0.2402.

This high-to-low spread represents a total annual volatility of 0.0367 ILS. From a start-to-finish perspective, comparing the January average rate of 0.2459 to the December average rate of 0.2745, the exchange rate registered a net change of 11.63% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.2769 was down 6.40% compared to the 2017 peak of 0.2959, 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 1,385 ILS

2017 Average 1,325 ILS

Yearly Trough Low 1,201 ILS

Transaction Impact: A difference of 183.54 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.2774

0.2430

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 0.2587, compared to 0.2693 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0106 points.

H1 Avg (Jan–Jun) 0.2587

H2 Avg (Jul–Dec) 0.2693

Volatility Range Comparison

Volatility

The most volatile month in 2018 was February, with a trading range of 0.0185 ILS (High: 0.2633 / Low: 0.2449). On the other end, July was the most stable month, with a tight range of 0.0032 ILS (High: 0.2708 / Low: 0.2677).

February Spread (Volatile) ±0.0185

July Spread (Stable) ±0.0032

Growth Streaks & Declines

Trends

Between March and August, 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 August and September, when the average rate fell by 0.0065 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0065

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 0.2745) against the same month in 2017 (average: 0.2513), the exchange rate shifted by +0.0232 (+9.23%).

2018 Avg (December) 0.2745

2017 Avg (December) 0.2513

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2498	0.2402	0.2459
February	0.2633	0.2449	0.2570
March	0.2604	0.2450	0.2541
April	0.2675	0.2564	0.2626
May	0.2696	0.2561	0.2659
June	0.2702	0.2644	0.2668
July	0.2708	0.2677	0.2689
August	0.2736	0.2651	0.2697
September	0.2674	0.2512	0.2632
October	0.2730	0.2617	0.2680
November	0.2739	0.2688	0.2714
December	0.2769	0.2701	0.2745