2015 SVC to ILS Historical Review

YEARLY HIGH

0.4645 ILS

YEARLY LOW

0.4284 ILS

YEARLY AVERAGE

0.4443 ILS

2015 SVC to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the SVC to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on March 20, valuing the pair at 0.4645. Conversely, the yearly low was recorded on June 24, dropping to 0.4284.

This high-to-low spread represents a total annual volatility of 0.0361 ILS. From a start-to-finish perspective, comparing the January average rate of 0.4505 to the December average rate of 0.4439, the exchange rate registered a net change of -1.46% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.4645 was up 2.23% compared to the 2014 peak of 0.4544, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,322 ILS

2014 Average 2,044 ILS

Yearly Trough Low 2,142 ILS

Transaction Impact: A difference of 180.55 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.4588

0.4309

JanuMarcMayJulySeptNove

SVC 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 0.4469, compared to 0.4417 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0052 points.

H1 Avg (Jan–Jun) 0.4469

H2 Avg (Jul–Dec) 0.4417

Volatility Range Comparison

Volatility

The most volatile month in 2015 was August, with a trading range of 0.0186 ILS (High: 0.4494 / Low: 0.4308). On the other end, December was the most stable month, with a tight range of 0.0050 ILS (High: 0.4460 / Low: 0.4410).

August Spread (Volatile) ±0.0186

December Spread (Stable) ±0.0050

Growth Streaks & Declines

Trends

Between July and September, 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 April and May, when the average rate fell by 0.0083 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0083

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2015: 0.4565) against the same month in 2014 (average: 0.3976), the exchange rate shifted by +0.0588 (+14.79%).

2015 Avg (March) 0.4565

2014 Avg (March) 0.3976

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4587	0.4445	0.4505
February	0.4514	0.4393	0.4450
March	0.4645	0.4510	0.4565
April	0.4561	0.4424	0.4506
May	0.4493	0.4351	0.4422
June	0.4428	0.4284	0.4368
July	0.4373	0.4299	0.4332
August	0.4494	0.4308	0.4390
September	0.4514	0.4415	0.4474
October	0.4500	0.4369	0.4418
November	0.4496	0.4416	0.4448
December	0.4460	0.4410	0.4439