2020 ILS to CVE Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 ILS to CVE Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the ILS to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 68.4073. Conversely, the yearly low was recorded on March 17, dropping to 26.1907.
This high-to-low spread represents a total annual volatility of 42.2166 CVE. From a start-to-finish perspective, comparing the January average rate of 28.8042 to the December average rate of 28.0151, the exchange rate registered a net change of -2.74% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2020 high of 68.4073 was up 134.87% compared to the 2019 peak of 29.1261, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 ILS based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
ILS to CVE Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 28.9147, compared to 27.7826 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.1321 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 42.2166 CVE (High: 68.4073 / Low: 26.1907). On the other end, November was the most stable month, with a tight range of 0.4004 CVE (High: 28.0489 / Low: 27.6484).
Growth Streaks & Declines
TrendsBetween September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.7521 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2020: 29.2979) against the same month in 2019 (average: 27.0365), the exchange rate shifted by +2.2614 (+8.36%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 29.1398 | 28.4867 | 28.8042 |
| February | 29.9961 | 28.8948 | 29.5417 |
| March | 68.4073 | 26.1907 | 29.2979 |
| April | 29.2139 | 27.8697 | 28.5458 |
| May | 29.2148 | 28.4088 | 28.8192 |
| June | 28.7385 | 28.1422 | 28.4793 |
| July | 29.3934 | 27.5648 | 28.2218 |
| August | 27.7366 | 27.2351 | 27.4739 |
| September | 27.8136 | 27.0729 | 27.4126 |
| October | 27.9707 | 27.5356 | 27.7259 |
| November | 28.0489 | 27.6484 | 27.8462 |
| December | 28.2168 | 27.7782 | 28.0151 |