2011 SYP to ILS Historical Review

YEARLY HIGH

0.0797 ILS

YEARLY LOW

0.0709 ILS

YEARLY AVERAGE

0.0745 ILS

2011 SYP to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the SYP to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 0.0797. Conversely, the yearly low was recorded on June 7, dropping to 0.0709.

This high-to-low spread represents a total annual volatility of 0.0088 ILS. From a start-to-finish perspective, comparing the January average rate of 0.0767 to the December average rate of 0.0732, the exchange rate registered a net change of -4.63% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0797 was down 4.17% compared to the 2010 peak of 0.0832, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 398 ILS

2010 Average 402 ILS

Yearly Trough Low 355 ILS

Transaction Impact: A difference of 43.76 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0789

0.0713

JanuMarcMayJulySeptNove

SYP 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 0.0748, compared to 0.0742 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0748

H2 Avg (Jul–Dec) 0.0742

Volatility Range Comparison

Volatility

The most volatile month in 2011 was November, with a trading range of 0.0047 ILS (High: 0.0759 / Low: 0.0712). On the other end, July was the most stable month, with a tight range of 0.0014 ILS (High: 0.0729 / Low: 0.0715).

November Spread (Volatile) ±0.0047

July Spread (Stable) ±0.0014

Growth Streaks & Declines

Trends

Between June and September, 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 March and April, when the average rate fell by 0.0041 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0041

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2011: 0.0783) against the same month in 2010 (average: 0.0815), the exchange rate shifted by -0.0032 (-3.93%).

2011 Avg (February) 0.0783

2010 Avg (February) 0.0815

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0794	0.0753	0.0767
February	0.0797	0.0769	0.0783
March	0.0780	0.0733	0.0763
April	0.0734	0.0713	0.0722
May	0.0745	0.0711	0.0730
June	0.0734	0.0709	0.0720
July	0.0729	0.0715	0.0720
August	0.0761	0.0720	0.0748
September	0.0787	0.0753	0.0766
October	0.0766	0.0730	0.0741
November	0.0759	0.0712	0.0747
December	0.0750	0.0720	0.0732