2014 ZAR to ILS Historical Review

YEARLY HIGH

0.3570 ILS

YEARLY LOW

0.3098 ILS

YEARLY AVERAGE

0.3298 ILS

2014 ZAR to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the ZAR to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 2, valuing the pair at 0.3570. Conversely, the yearly low was recorded on January 29, dropping to 0.3098.

This high-to-low spread represents a total annual volatility of 0.0471 ILS. From a start-to-finish perspective, comparing the January average rate of 0.3220 to the December average rate of 0.3420, the exchange rate registered a net change of 6.23% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.3570 was down 19.05% compared to the 2013 peak of 0.4410, 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 17,849 ILS

2013 Average 18,784 ILS

Yearly Trough Low 15,492 ILS

Transaction Impact: A difference of 2,356.66 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.3481

0.3181

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 0.3254, compared to 0.3341 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0087 points.

H1 Avg (Jan–Jun) 0.3254

H2 Avg (Jul–Dec) 0.3341

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 0.0218 ILS (High: 0.3570 / Low: 0.3351). On the other end, July was the most stable month, with a tight range of 0.0078 ILS (High: 0.3255 / Low: 0.3177).

December Spread (Volatile) ±0.0218

July Spread (Stable) ±0.0078

Growth Streaks & Declines

Trends

Between July and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0093 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0093

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 0.3420) against the same month in 2013 (average: 0.3380), the exchange rate shifted by +0.0040 (+1.19%).

2014 Avg (December) 0.3420

2013 Avg (December) 0.3380

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3305	0.3098	0.3220
February	0.3271	0.3136	0.3206
March	0.3307	0.3193	0.3237
April	0.3341	0.3258	0.3296
May	0.3380	0.3284	0.3331
June	0.3284	0.3198	0.3238
July	0.3255	0.3177	0.3212
August	0.3358	0.3187	0.3282
September	0.3368	0.3263	0.3310
October	0.3461	0.3251	0.3365
November	0.3542	0.3376	0.3456
December	0.3570	0.3351	0.3420