2015 VEF to ILS Historical Review

YEARLY HIGH

0.6420 ILS

YEARLY LOW

0.5938 ILS

YEARLY AVERAGE

0.6151 ILS

2015 VEF to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the VEF to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on March 22, valuing the pair at 0.6420. Conversely, the yearly low was recorded on June 24, dropping to 0.5938.

This high-to-low spread represents a total annual volatility of 0.0482 ILS. From a start-to-finish perspective, comparing the January average rate of 0.6248 to the December average rate of 0.6128, the exchange rate registered a net change of -1.92% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.6420 was up 1.78% compared to the 2014 peak of 0.6308, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,210 ILS

2014 Average 2,841 ILS

Yearly Trough Low 2,969 ILS

Transaction Impact: A difference of 240.99 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.6369

0.5963

JanuMarcMayJulySeptNove

VEF 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 0.6190, compared to 0.6111 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0080 points.

H1 Avg (Jan–Jun) 0.6190

H2 Avg (Jul–Dec) 0.6111

Volatility Range Comparison

Volatility

The most volatile month in 2015 was August, with a trading range of 0.0251 ILS (High: 0.6221 / Low: 0.5970). On the other end, July was the most stable month, with a tight range of 0.0102 ILS (High: 0.6059 / Low: 0.5957).

August Spread (Volatile) ±0.0251

July Spread (Stable) ±0.0102

Growth Streaks & Declines

Trends

Between July and September, 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 April and May, when the average rate fell by 0.0112 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0112

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2015: 0.6335) against the same month in 2014 (average: 0.5527), the exchange rate shifted by +0.0808 (+14.62%).

2015 Avg (March) 0.6335

2014 Avg (March) 0.5527

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6329	0.6185	0.6248
February	0.6297	0.6091	0.6169
March	0.6420	0.6231	0.6335
April	0.6316	0.6110	0.6227
May	0.6159	0.6033	0.6115
June	0.6127	0.5938	0.6049
July	0.6059	0.5957	0.5997
August	0.6221	0.5970	0.6072
September	0.6246	0.6120	0.6191
October	0.6227	0.6050	0.6119
November	0.6219	0.6115	0.6157
December	0.6170	0.6049	0.6128