2014 WST to ILS Historical Review

YEARLY HIGH

1.6624 ILS

YEARLY LOW

1.4771 ILS

YEARLY AVERAGE

1.5318 ILS

2014 WST to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the WST to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 7, valuing the pair at 1.6624. Conversely, the yearly low was recorded on August 4, dropping to 1.4771.

This high-to-low spread represents a total annual volatility of 0.1853 ILS. From a start-to-finish perspective, comparing the January average rate of 1.4988 to the December average rate of 1.6369, the exchange rate registered a net change of 9.21% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 1.6624 was up 0.75% compared to the 2013 peak of 1.6499, 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 8,312 ILS

2013 Average 7,804 ILS

Yearly Trough Low 7,386 ILS

Transaction Impact: A difference of 926.29 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

1.6514

1.4766

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 1.5045, compared to 1.5592 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0547 points.

H1 Avg (Jan–Jun) 1.5045

H2 Avg (Jul–Dec) 1.5592

Volatility Range Comparison

Volatility

The most volatile month in 2014 was November, with a trading range of 0.0712 ILS (High: 1.6288 / Low: 1.5577). On the other end, June was the most stable month, with a tight range of 0.0109 ILS (High: 1.5045 / Low: 1.4936).

November Spread (Volatile) ±0.0712

June Spread (Stable) ±0.0109

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0149 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0149

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 1.6369) against the same month in 2013 (average: 1.5074), the exchange rate shifted by +0.1294 (+8.59%).

2014 Avg (December) 1.6369

2013 Avg (December) 1.5074

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.5084	1.4869	1.4988
February	1.5130	1.4950	1.5038
March	1.5189	1.4845	1.4978
April	1.5236	1.5051	1.5124
May	1.5315	1.5000	1.5146
June	1.5045	1.4936	1.4997
July	1.5095	1.4802	1.4912
August	1.5482	1.4771	1.5137
September	1.5603	1.5361	1.5505
October	1.5970	1.5317	1.5667
November	1.6288	1.5577	1.5963
December	1.6624	1.6201	1.6369