YEARLY HIGH
68.4073 CVE
YEARLY LOW
26.1907 CVE
YEARLY AVERAGE
28.3486 CVE

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.

Transfer Payout Power Comparison

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

Yearly Peak High 342,037 CVE
2019 Average 138,716 CVE
Yearly Trough Low 130,953 CVE
Transaction Impact: A difference of 211,083.23 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

29.7546
27.1997
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 28.9147
H2 Avg (Jul–Dec) 27.7826

Volatility Range Comparison

Volatility

The 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).

March Spread (Volatile) ±42.2166
November Spread (Stable) ±0.4004

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.7521

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2020 Avg (March) 29.2979
2019 Avg (March) 27.0365

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