2011 VUV to ILS Historical Review

YEARLY HIGH

0.0421 ILS

YEARLY LOW

0.0370 ILS

YEARLY AVERAGE

0.0393 ILS

2011 VUV to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the VUV to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on September 12, valuing the pair at 0.0421. Conversely, the yearly low was recorded on April 14, dropping to 0.0370.

This high-to-low spread represents a total annual volatility of 0.0051 ILS. From a start-to-finish perspective, comparing the January average rate of 0.0383 to the December average rate of 0.0407, the exchange rate registered a net change of 6.41% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0421 was up 3.80% compared to the 2010 peak of 0.0405, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 210 ILS

2010 Average 192 ILS

Yearly Trough Low 185 ILS

Transaction Impact: A difference of 25.34 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0413

0.0373

JanuMarcMayJulySeptNove

VUV 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 0.0384, compared to 0.0402 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0017 points.

H1 Avg (Jan–Jun) 0.0384

H2 Avg (Jul–Dec) 0.0402

Volatility Range Comparison

Volatility

The most volatile month in 2011 was January, with a trading range of 0.0027 ILS (High: 0.0399 / Low: 0.0372). On the other end, December was the most stable month, with a tight range of 0.0011 ILS (High: 0.0413 / Low: 0.0402).

January Spread (Volatile) ±0.0027

December Spread (Stable) ±0.0011

Growth Streaks & Declines

Trends

Between June and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0011 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2011: 0.0410) against the same month in 2010 (average: 0.0385), the exchange rate shifted by +0.0025 (+6.38%).

2011 Avg (September) 0.0410

2010 Avg (September) 0.0385

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0399	0.0372	0.0383
February	0.0404	0.0385	0.0392
March	0.0395	0.0374	0.0382
April	0.0382	0.0370	0.0376
May	0.0397	0.0376	0.0388
June	0.0396	0.0379	0.0385
July	0.0398	0.0380	0.0388
August	0.0405	0.0391	0.0398
September	0.0421	0.0402	0.0410
October	0.0410	0.0393	0.0400
November	0.0416	0.0400	0.0408
December	0.0413	0.0402	0.0407