2016 SVC to ILS Historical Review

YEARLY HIGH

0.4549 ILS

YEARLY LOW

0.4275 ILS

YEARLY AVERAGE

0.4390 ILS

2016 SVC to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the SVC to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on January 23, valuing the pair at 0.4549. Conversely, the yearly low was recorded on April 30, dropping to 0.4275.

This high-to-low spread represents a total annual volatility of 0.0275 ILS. From a start-to-finish perspective, comparing the January average rate of 0.4514 to the December average rate of 0.4380, the exchange rate registered a net change of -2.96% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.4549 was down 2.05% compared to the 2015 peak of 0.4645, 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 2,275 ILS

2015 Average 2,221 ILS

Yearly Trough Low 2,137 ILS

Transaction Impact: A difference of 137.48 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.4535

0.4283

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 0.4415, compared to 0.4365 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0050 points.

H1 Avg (Jan–Jun) 0.4415

H2 Avg (Jul–Dec) 0.4365

Volatility Range Comparison

Volatility

The most volatile month in 2016 was March, with a trading range of 0.0174 ILS (High: 0.4478 / Low: 0.4304). On the other end, September was the most stable month, with a tight range of 0.0043 ILS (High: 0.4330 / Low: 0.4286).

March Spread (Volatile) ±0.0174

September Spread (Stable) ±0.0043

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 0.0108 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0108

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.4514) against the same month in 2015 (average: 0.4505), the exchange rate shifted by +0.0009 (+0.19%).

2016 Avg (January) 0.4514

2015 Avg (January) 0.4505

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4549	0.4435	0.4514
February	0.4530	0.4429	0.4467
March	0.4478	0.4304	0.4422
April	0.4353	0.4275	0.4314
May	0.4441	0.4282	0.4360
June	0.4464	0.4369	0.4414
July	0.4450	0.4358	0.4408
August	0.4392	0.4298	0.4341
September	0.4330	0.4286	0.4304
October	0.4416	0.4288	0.4367
November	0.4436	0.4340	0.4391
December	0.4432	0.4341	0.4380