YEARLY HIGH
0.5076 ILS
YEARLY LOW
0.4356 ILS
YEARLY AVERAGE
0.4751 ILS

2022 DKK to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the DKK to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.5076. Conversely, the yearly low was recorded on August 28, dropping to 0.4356.

This high-to-low spread represents a total annual volatility of 0.0719 ILS. From a start-to-finish perspective, comparing the January average rate of 0.4771 to the December average rate of 0.4922, the exchange rate registered a net change of 3.15% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.5076 was down 5.78% compared to the 2021 peak of 0.5387, 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 2,538 ILS
2021 Average 2,571 ILS
Yearly Trough Low 2,178 ILS
Transaction Impact: A difference of 359.60 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.4966
0.4432
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 0.4805, compared to 0.4698 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0107 points.

H1 Avg (Jan–Jun) 0.4805
H2 Avg (Jul–Dec) 0.4698

Volatility Range Comparison

Volatility

The most volatile month in 2022 was July, with a trading range of 0.0291 ILS (High: 0.4951 / Low: 0.4660). On the other end, April was the most stable month, with a tight range of 0.0097 ILS (High: 0.4759 / Low: 0.4662).

July Spread (Volatile) ±0.0291
April Spread (Stable) ±0.0097

Growth Streaks & Declines

Trends

Between August and December, 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 July and August, when the average rate fell by 0.0267 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0267

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 0.4922) against the same month in 2021 (average: 0.4763), the exchange rate shifted by +0.0158 (+3.32%).

2022 Avg (December) 0.4922
2021 Avg (December) 0.4763

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4837 0.4681 0.4771
February 0.4955 0.4804 0.4901
March 0.4845 0.4746 0.4796
April 0.4759 0.4662 0.4716
May 0.4902 0.4732 0.4802
June 0.4933 0.4767 0.4841
July 0.4951 0.4660 0.4743
August 0.4632 0.4356 0.4476
September 0.4711 0.4493 0.4592
October 0.4741 0.4632 0.4682
November 0.4841 0.4654 0.4770
December 0.5076 0.4800 0.4922