2016 VEF to ILS Historical Review

YEARLY HIGH

0.6301 ILS

YEARLY LOW

0.3748 ILS

YEARLY AVERAGE

0.4414 ILS

2016 VEF to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the VEF to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on January 24, valuing the pair at 0.6301. Conversely, the yearly low was recorded on May 1, dropping to 0.3748.

This high-to-low spread represents a total annual volatility of 0.2553 ILS. From a start-to-finish perspective, comparing the January average rate of 0.6247 to the December average rate of 0.3837, the exchange rate registered a net change of -38.58% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.6301 was down 1.85% compared to the 2015 peak of 0.6420, 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 3,151 ILS

2015 Average 3,075 ILS

Yearly Trough Low 1,874 ILS

Transaction Impact: A difference of 1,276.39 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.6494

0.3526

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 0.5002, compared to 0.3825 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1177 points.

H1 Avg (Jan–Jun) 0.5002

H2 Avg (Jul–Dec) 0.3825

Volatility Range Comparison

Volatility

The most volatile month in 2016 was March, with a trading range of 0.0225 ILS (High: 0.6192 / Low: 0.5967). On the other end, September was the most stable month, with a tight range of 0.0035 ILS (High: 0.3792 / Low: 0.3756).

March Spread (Volatile) ±0.0225

September Spread (Stable) ±0.0035

Growth Streaks & Declines

Trends

Between April and June, 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 March and April, when the average rate fell by 0.2329 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.2329

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.6247) against the same month in 2015 (average: 0.6248), the exchange rate shifted by -0.0001 (-0.02%).

2016 Avg (January) 0.6247

2015 Avg (January) 0.6248

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6301	0.6157	0.6247
February	0.6268	0.6130	0.6179
March	0.6192	0.5967	0.6111
April	0.3818	0.3750	0.3782
May	0.3894	0.3748	0.3824
June	0.3903	0.3839	0.3870
July	0.3896	0.3814	0.3861
August	0.3848	0.3769	0.3805
September	0.3792	0.3756	0.3773
October	0.3871	0.3757	0.3827
November	0.3893	0.3802	0.3850
December	0.3880	0.3805	0.3837