2011 XCD to ILS Historical Review

YEARLY HIGH

1.4147 ILS

YEARLY LOW

1.2492 ILS

YEARLY AVERAGE

1.3287 ILS

2011 XCD to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the XCD to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 1.4147. Conversely, the yearly low was recorded on June 7, dropping to 1.2492.

This high-to-low spread represents a total annual volatility of 0.1655 ILS. From a start-to-finish perspective, comparing the January average rate of 1.3330 to the December average rate of 1.3986, the exchange rate registered a net change of 4.92% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 1.4147 was down 4.03% compared to the 2010 peak of 1.4741, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 7,073 ILS

2010 Average 7,009 ILS

Yearly Trough Low 6,246 ILS

Transaction Impact: A difference of 827.50 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

1.4117

1.2550

JanuMarcMayJulySeptNove

XCD 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 1.3076, compared to 1.3499 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0423 points.

H1 Avg (Jan–Jun) 1.3076

H2 Avg (Jul–Dec) 1.3499

Volatility Range Comparison

Volatility

The most volatile month in 2011 was August, with a trading range of 0.0722 ILS (High: 1.3408 / Low: 1.2686). On the other end, July was the most stable month, with a tight range of 0.0248 ILS (High: 1.2849 / Low: 1.2601).

August Spread (Volatile) ±0.0722

July Spread (Stable) ±0.0248

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 0.0500 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0500

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 1.3986) against the same month in 2010 (average: 1.3408), the exchange rate shifted by +0.0578 (+4.31%).

2011 Avg (December) 1.3986

2010 Avg (December) 1.3408

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.3795	1.3091	1.3330
February	1.3785	1.3390	1.3596
March	1.3493	1.2919	1.3239
April	1.2917	1.2588	1.2739
May	1.3139	1.2534	1.2869
June	1.2926	1.2492	1.2680
July	1.2849	1.2601	1.2691
August	1.3408	1.2686	1.3182
September	1.3904	1.3270	1.3690
October	1.3952	1.3339	1.3617
November	1.4075	1.3586	1.3824
December	1.4147	1.3825	1.3986