2013 TRY to ILS Historical Review

YEARLY HIGH

2.1261 ILS

YEARLY LOW

1.6177 ILS

YEARLY AVERAGE

1.9023 ILS

2013 TRY to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the TRY to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 2.1261. Conversely, the yearly low was recorded on December 31, dropping to 1.6177.

This high-to-low spread represents a total annual volatility of 0.5084 ILS. From a start-to-finish perspective, comparing the January average rate of 2.1102 to the December average rate of 1.6949, the exchange rate registered a net change of -19.68% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2013 high of 2.1261 was down 5.99% compared to the 2012 peak of 2.2615, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 TRY based on timing:

Yearly Peak High 106,306 ILS

2012 Average 107,029 ILS

Yearly Trough Low 80,884 ILS

Transaction Impact: A difference of 25,422.26 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

2.1518

1.6534

JanuMarcMayJulySeptNove

TRY 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 2.0244, compared to 1.7802 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2442 points.

H1 Avg (Jan–Jun) 2.0244

H2 Avg (Jul–Dec) 1.7802

Volatility Range Comparison

Volatility

The most volatile month in 2013 was December, with a trading range of 0.1244 ILS (High: 1.7421 / Low: 1.6177). On the other end, April was the most stable month, with a tight range of 0.0337 ILS (High: 2.0343 / Low: 2.0005).

December Spread (Volatile) ±0.1244

April Spread (Stable) ±0.0337

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2013. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0782 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0782

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2013: 2.1102) against the same month in 2012 (average: 2.0690), the exchange rate shifted by +0.0412 (+1.99%).

2013 Avg (January) 2.1102

2012 Avg (January) 2.0690

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.1261	2.0908	2.1102
February	2.1030	2.0586	2.0800
March	2.0803	1.9994	2.0362
April	2.0343	2.0005	2.0161
May	2.0060	1.9683	1.9910
June	1.9669	1.8678	1.9129
July	1.8897	1.8409	1.8627
August	1.8503	1.7764	1.8249
September	1.7875	1.7479	1.7688
October	1.7966	1.7549	1.7826
November	1.7751	1.7210	1.7472
December	1.7421	1.6177	1.6949