2020 BGN to ILS Historical Review

YEARLY HIGH

2.1629 ILS

YEARLY LOW

1.8889 ILS

YEARLY AVERAGE

2.0056 ILS

2020 BGN to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the BGN to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on March 17, valuing the pair at 2.1629. Conversely, the yearly low was recorded on February 18, dropping to 1.8889.

This high-to-low spread represents a total annual volatility of 0.2741 ILS. From a start-to-finish perspective, comparing the January average rate of 1.9642 to the December average rate of 2.0194, the exchange rate registered a net change of 2.81% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 2.1629 was down 1.71% compared to the 2019 peak of 2.2005, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,815 ILS

2019 Average 10,198 ILS

Yearly Trough Low 9,444 ILS

Transaction Impact: A difference of 1,370.25 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2.0769

1.9028

JanuMarcMayJulySeptNove

BGN 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 1.9739, compared to 2.0374 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0635 points.

H1 Avg (Jan–Jun) 1.9739

H2 Avg (Jul–Dec) 2.0374

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.1998 ILS (High: 2.1629 / Low: 1.9631). On the other end, November was the most stable month, with a tight range of 0.0317 ILS (High: 2.0486 / Low: 2.0169).

March Spread (Volatile) ±0.1998

November Spread (Stable) ±0.0317

Growth Streaks & Declines

Trends

Between May and September, 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 January and February, when the average rate fell by 0.0468 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0468

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 2.0286) against the same month in 2019 (average: 2.0901), the exchange rate shifted by -0.0615 (-2.94%).

2020 Avg (March) 2.0286

2019 Avg (March) 2.0901

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.9882	1.9439	1.9642
February	1.9702	1.8889	1.9173
March	2.1629	1.9631	2.0286
April	2.0234	1.9370	1.9829
May	1.9896	1.9399	1.9622
June	2.0229	1.9685	1.9879
July	2.0642	1.9742	2.0105
August	2.0770	2.0404	2.0556
September	2.0949	2.0346	2.0624
October	2.0580	2.0247	2.0422
November	2.0486	2.0169	2.0341
December	2.0375	2.0010	2.0194