2020 CVE to ILS Historical Review

YEARLY HIGH

0.0382 ILS

YEARLY LOW

0.0146 ILS

YEARLY AVERAGE

0.0354 ILS

2020 CVE to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the CVE to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on March 17, valuing the pair at 0.0382. Conversely, the yearly low was recorded on March 18, dropping to 0.0146.

This high-to-low spread represents a total annual volatility of 0.0236 ILS. From a start-to-finish perspective, comparing the January average rate of 0.0347 to the December average rate of 0.0357, 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 0.0382 was down 1.51% compared to the 2019 peak of 0.0388, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 191 ILS

2019 Average 180 ILS

Yearly Trough Low 73 ILS

Transaction Impact: A difference of 117.82 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0367

0.0336

JanuMarcMayJulySeptNove

CVE 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 0.0347, compared to 0.0360 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 0.0347

H2 Avg (Jul–Dec) 0.0360

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0236 ILS (High: 0.0382 / Low: 0.0146). On the other end, November was the most stable month, with a tight range of 0.0005 ILS (High: 0.0362 / Low: 0.0357).

March Spread (Volatile) ±0.0236

November Spread (Stable) ±0.0005

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 0.0009 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.0351) against the same month in 2019 (average: 0.0370), the exchange rate shifted by -0.0019 (-5.19%).

2020 Avg (March) 0.0351

2019 Avg (March) 0.0370

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0351	0.0343	0.0347
February	0.0346	0.0333	0.0339
March	0.0382	0.0146	0.0351
April	0.0359	0.0342	0.0350
May	0.0352	0.0342	0.0347
June	0.0355	0.0348	0.0351
July	0.0363	0.0340	0.0354
August	0.0367	0.0361	0.0364
September	0.0369	0.0360	0.0365
October	0.0363	0.0358	0.0361
November	0.0362	0.0357	0.0359
December	0.0360	0.0354	0.0357