2011 SZL to ILS Historical Review

YEARLY HIGH

0.5369 ILS

YEARLY LOW

0.4414 ILS

YEARLY AVERAGE

0.4957 ILS

2011 SZL to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the SZL to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.5369. Conversely, the yearly low was recorded on November 23, dropping to 0.4414.

This high-to-low spread represents a total annual volatility of 0.0956 ILS. From a start-to-finish perspective, comparing the January average rate of 0.5194 to the December average rate of 0.4614, the exchange rate registered a net change of -11.16% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.5369 was up 0.04% compared to the 2010 peak of 0.5367, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,685 ILS

2010 Average 2,552 ILS

Yearly Trough Low 2,207 ILS

Transaction Impact: A difference of 477.78 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.5255

0.4520

JanuMarcMayJulySeptNove

SZL 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 0.5106, compared to 0.4809 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0297 points.

H1 Avg (Jan–Jun) 0.5106

H2 Avg (Jul–Dec) 0.4809

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 0.0485 ILS (High: 0.5170 / Low: 0.4685). On the other end, June was the most stable month, with a tight range of 0.0095 ILS (High: 0.5096 / Low: 0.5001).

September Spread (Volatile) ±0.0485

June Spread (Stable) ±0.0095

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2011. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0330 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0330

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 0.5194) against the same month in 2010 (average: 0.4986), the exchange rate shifted by +0.0208 (+4.17%).

2011 Avg (January) 0.5194

2010 Avg (January) 0.4986

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5369	0.5098	0.5194
February	0.5205	0.4965	0.5097
March	0.5235	0.5024	0.5148
April	0.5180	0.4991	0.5096
May	0.5173	0.4982	0.5068
June	0.5096	0.5001	0.5032
July	0.5119	0.4954	0.5035
August	0.5158	0.4909	0.5015
September	0.5170	0.4685	0.4969
October	0.4811	0.4492	0.4639
November	0.4717	0.4414	0.4581
December	0.4719	0.4524	0.4614