2010 TOP to ILS Historical Review

YEARLY HIGH

2.0078 ILS

YEARLY LOW

1.8522 ILS

YEARLY AVERAGE

1.9387 ILS

2010 TOP to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2010

During 2010, the TOP to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on August 4, valuing the pair at 2.0078. Conversely, the yearly low was recorded on May 13, dropping to 1.8522.

This high-to-low spread represents a total annual volatility of 0.1556 ILS. From a start-to-finish perspective, comparing the January average rate of 1.9557 to the December average rate of 1.9242, the exchange rate registered a net change of -1.61% (reflecting a weakening trend).

Transfer Payout Power Comparison

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

Yearly Peak High 10,039 ILS

Yearly Average 9,694 ILS

Yearly Trough Low 9,261 ILS

Transaction Impact: A difference of 777.76 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2010.

1.9802

1.8926

JanuMarcMayJulySeptNove

TOP 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 1.9389, compared to 1.9385 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 1.9389

H2 Avg (Jul–Dec) 1.9385

Volatility Range Comparison

Volatility

The most volatile month in 2010 was May, with a trading range of 0.1095 ILS (High: 1.9618 / Low: 1.8522). On the other end, October was the most stable month, with a tight range of 0.0470 ILS (High: 1.9295 / Low: 1.8825).

May Spread (Volatile) ±0.1095

October Spread (Stable) ±0.0470

Growth Streaks & Declines

Trends

Between May and July, 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 August and September, when the average rate fell by 0.0372 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0372

Same-Month Historical Baseline

YoY Baseline

Historical data for the previous year (2009) is currently unavailable. Strongest month average for August 2010 is 1.9582.

2010 Avg (August) 1.9582

Baseline Avg N/A

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.9887	1.9210	1.9557
February	1.9728	1.9146	1.9430
March	2.0004	1.8990	1.9481
April	1.9442	1.8941	1.9261
May	1.9618	1.8522	1.9091
June	2.0011	1.9259	1.9515
July	2.0021	1.9413	1.9729
August	2.0078	1.9298	1.9582
September	1.9566	1.8941	1.9209
October	1.9295	1.8825	1.8999
November	1.9881	1.8815	1.9549
December	1.9827	1.8912	1.9242