2015 TRY to ILS Historical Review

YEARLY HIGH

1.7228 ILS

YEARLY LOW

1.2690 ILS

YEARLY AVERAGE

1.4351 ILS

2015 TRY to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the TRY to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on January 13, valuing the pair at 1.7228. Conversely, the yearly low was recorded on September 13, dropping to 1.2690.

This high-to-low spread represents a total annual volatility of 0.4539 ILS. From a start-to-finish perspective, comparing the January average rate of 1.6885 to the December average rate of 1.3257, the exchange rate registered a net change of -21.49% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 1.7228 was down 3.12% compared to the 2014 peak of 1.7784, 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 86,142 ILS

2014 Average 81,763 ILS

Yearly Trough Low 63,448 ILS

Transaction Impact: A difference of 22,694.06 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

1.7277

1.2564

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 1.5290, compared to 1.3411 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1880 points.

H1 Avg (Jan–Jun) 1.5290

H2 Avg (Jul–Dec) 1.3411

Volatility Range Comparison

Volatility

The most volatile month in 2015 was January, with a trading range of 0.1106 ILS (High: 1.7228 / Low: 1.6122). On the other end, November was the most stable month, with a tight range of 0.0460 ILS (High: 1.3745 / Low: 1.3286).

January Spread (Volatile) ±0.1106

November Spread (Stable) ±0.0460

Growth Streaks & Declines

Trends

Between September and November, 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 January and February, when the average rate fell by 0.1079 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.1079

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2015: 1.6885) against the same month in 2014 (average: 1.5749), the exchange rate shifted by +0.1135 (+7.21%).

2015 Avg (January) 1.6885

2014 Avg (January) 1.5749

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.7228	1.6122	1.6885
February	1.6205	1.5527	1.5805
March	1.5885	1.5200	1.5429
April	1.5305	1.4414	1.4841
May	1.4992	1.4291	1.4608
June	1.4502	1.3898	1.4174
July	1.4387	1.3606	1.4056
August	1.3716	1.3107	1.3462
September	1.3413	1.2690	1.2957
October	1.3458	1.2990	1.3216
November	1.3745	1.3286	1.3517
December	1.3419	1.2916	1.3257