YEARLY HIGH
0.5660 ILS
YEARLY LOW
0.4942 ILS
YEARLY AVERAGE
0.5263 ILS

2020 DKK to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the DKK to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on March 17, valuing the pair at 0.5660. Conversely, the yearly low was recorded on February 18, dropping to 0.4942.

This high-to-low spread represents a total annual volatility of 0.0718 ILS. From a start-to-finish perspective, comparing the January average rate of 0.5141 to the December average rate of 0.5309, the exchange rate registered a net change of 3.27% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.5660 was down 1.41% compared to the 2019 peak of 0.5740, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,830 ILS
2019 Average 2,672 ILS
Yearly Trough Low 2,471 ILS
Transaction Impact: A difference of 358.76 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.5463
0.4977
JanuMarcMayJulySeptNove

DKK 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 0.5173, compared to 0.5353 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0181 points.

H1 Avg (Jan–Jun) 0.5173
H2 Avg (Jul–Dec) 0.5353

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0515 ILS (High: 0.5660 / Low: 0.5145). On the other end, November was the most stable month, with a tight range of 0.0084 ILS (High: 0.5385 / Low: 0.5301).

March Spread (Volatile) ±0.0515
November Spread (Stable) ±0.0084

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 0.0123 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0123

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.5316) against the same month in 2019 (average: 0.5478), the exchange rate shifted by -0.0161 (-2.95%).

2020 Avg (March) 0.5316
2019 Avg (March) 0.5478

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5204 0.5088 0.5141
February 0.5154 0.4942 0.5018
March 0.5660 0.5145 0.5316
April 0.5298 0.5084 0.5197
May 0.5223 0.5086 0.5148
June 0.5309 0.5164 0.5216
July 0.5435 0.5185 0.5281
August 0.5455 0.5362 0.5399
September 0.5507 0.5353 0.5423
October 0.5408 0.5319 0.5365
November 0.5385 0.5301 0.5343
December 0.5353 0.5265 0.5309