2016 TRY to ILS Historical Review

YEARLY HIGH

1.3548 ILS

YEARLY LOW

1.0798 ILS

YEARLY AVERAGE

1.2738 ILS

2016 TRY to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the TRY to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on March 14, valuing the pair at 1.3548. Conversely, the yearly low was recorded on December 4, dropping to 1.0798.

This high-to-low spread represents a total annual volatility of 0.2750 ILS. From a start-to-finish perspective, comparing the January average rate of 1.3155 to the December average rate of 1.0939, the exchange rate registered a net change of -16.84% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 1.3548 was down 21.36% compared to the 2015 peak of 1.7228, 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 67,739 ILS

2015 Average 71,719 ILS

Yearly Trough Low 53,990 ILS

Transaction Impact: A difference of 13,749.14 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1.3657

1.0692

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 1.3221, compared to 1.2255 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0966 points.

H1 Avg (Jan–Jun) 1.3221

H2 Avg (Jul–Dec) 1.2255

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.1087 ILS (High: 1.2261 / Low: 1.1174). On the other end, October was the most stable month, with a tight range of 0.0198 ILS (High: 1.2539 / Low: 1.2341).

November Spread (Volatile) ±0.1087

October Spread (Stable) ±0.0198

Growth Streaks & Declines

Trends

Between January and March, 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 October and November, when the average rate fell by 0.0758 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0758

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2016: 1.3410) against the same month in 2015 (average: 1.5429), the exchange rate shifted by -0.2019 (-13.09%).

2016 Avg (March) 1.3410

2015 Avg (March) 1.5429

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.3405	1.2961	1.3155
February	1.3488	1.3079	1.3259
March	1.3548	1.3211	1.3410
April	1.3453	1.3223	1.3302
May	1.3371	1.2723	1.2960
June	1.3393	1.3082	1.3238
July	1.3427	1.2526	1.2985
August	1.2966	1.2695	1.2822
September	1.2832	1.2501	1.2686
October	1.2539	1.2341	1.2429
November	1.2261	1.1174	1.1671
December	1.1134	1.0798	1.0939