2011 ZAR to ILS Historical Review

YEARLY HIGH

0.5360 ILS

YEARLY LOW

0.4422 ILS

YEARLY AVERAGE

0.4947 ILS

2011 ZAR to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the ZAR to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.5360. Conversely, the yearly low was recorded on November 23, dropping to 0.4422.

This high-to-low spread represents a total annual volatility of 0.0937 ILS. From a start-to-finish perspective, comparing the January average rate of 0.5181 to the December average rate of 0.4616, the exchange rate registered a net change of -10.91% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.5360 was up 0.02% compared to the 2010 peak of 0.5359, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 ZAR based on timing:

Yearly Peak High 26,798 ILS

2010 Average 25,533 ILS

Yearly Trough Low 22,112 ILS

Transaction Impact: A difference of 4,686.21 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.5242

0.4515

JanuMarcMayJulySeptNove

ZAR 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 0.5103, compared to 0.4791 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0312 points.

H1 Avg (Jan–Jun) 0.5103

H2 Avg (Jul–Dec) 0.4791

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 0.0711 ILS (High: 0.5150 / Low: 0.4439). On the other end, June was the most stable month, with a tight range of 0.0100 ILS (High: 0.5090 / Low: 0.4990).

September Spread (Volatile) ±0.0711

June Spread (Stable) ±0.0100

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2011. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0286 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0286

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 0.5181) against the same month in 2010 (average: 0.4980), the exchange rate shifted by +0.0201 (+4.04%).

2011 Avg (January) 0.5181

2010 Avg (January) 0.4980

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5360	0.5073	0.5181
February	0.5216	0.4974	0.5096
March	0.5258	0.5024	0.5156
April	0.5174	0.4995	0.5103
May	0.5150	0.4961	0.5052
June	0.5090	0.4990	0.5027
July	0.5117	0.4932	0.5038
August	0.5139	0.4907	0.5006
September	0.5150	0.4439	0.4897
October	0.4684	0.4487	0.4611
November	0.4693	0.4422	0.4576
December	0.4721	0.4526	0.4616