2011 WST to ILS Historical Review

YEARLY HIGH

1.6563 ILS

YEARLY LOW

1.4339 ILS

YEARLY AVERAGE

1.5413 ILS

2011 WST to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the WST to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on September 8, valuing the pair at 1.6563. Conversely, the yearly low was recorded on April 27, dropping to 1.4339.

This high-to-low spread represents a total annual volatility of 0.2225 ILS. From a start-to-finish perspective, comparing the January average rate of 1.5260 to the December average rate of 1.5752, the exchange rate registered a net change of 3.22% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 1.6563 was up 2.99% compared to the 2010 peak of 1.6082, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 8,282 ILS

2010 Average 7,445 ILS

Yearly Trough Low 7,169 ILS

Transaction Impact: A difference of 1,112.28 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

1.6263

1.4555

JanuMarcMayJulySeptNove

WST 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 1.5088, compared to 1.5738 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0650 points.

H1 Avg (Jan–Jun) 1.5088

H2 Avg (Jul–Dec) 1.5738

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 0.0991 ILS (High: 1.6563 / Low: 1.5573). On the other end, December was the most stable month, with a tight range of 0.0520 ILS (High: 1.6038 / Low: 1.5517).

September Spread (Volatile) ±0.0991

December Spread (Stable) ±0.0520

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 March and April, when the average rate fell by 0.0462 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0462

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2011: 1.6120) against the same month in 2010 (average: 1.5020), the exchange rate shifted by +0.1100 (+7.33%).

2011 Avg (September) 1.6120

2010 Avg (September) 1.5020

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.5611	1.4861	1.5260
February	1.5976	1.5041	1.5531
March	1.5574	1.4601	1.5160
April	1.5046	1.4339	1.4698
May	1.5331	1.4562	1.5019
June	1.5199	1.4508	1.4863
July	1.5632	1.4771	1.5158
August	1.6272	1.5356	1.5834
September	1.6563	1.5573	1.6120
October	1.6064	1.5392	1.5699
November	1.6151	1.5522	1.5866
December	1.6038	1.5517	1.5752