YEARLY HIGH
2.0235 DKK
YEARLY LOW
1.7669 DKK
YEARLY AVERAGE
1.9012 DKK

2020 ILS to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the ILS to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 18, valuing the pair at 2.0235. Conversely, the yearly low was recorded on March 17, dropping to 1.7669.

This high-to-low spread represents a total annual volatility of 0.2565 DKK. From a start-to-finish perspective, comparing the January average rate of 1.9452 to the December average rate of 1.8836, the exchange rate registered a net change of -3.17% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 2.0235 was up 2.67% compared to the 2019 peak of 1.9708, 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 10,117 DKK
2019 Average 9,365 DKK
Yearly Trough Low 8,835 DKK
Transaction Impact: A difference of 1,282.67 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2.0082
1.8294
JanuMarcMayJulySeptNove

ILS to DKK 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 1.9342, compared to 1.8683 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0659 points.

H1 Avg (Jan–Jun) 1.9342
H2 Avg (Jul–Dec) 1.8683

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.1769 DKK (High: 1.9438 / Low: 1.7669). On the other end, November was the most stable month, with a tight range of 0.0296 DKK (High: 1.8866 / Low: 1.8570).

March Spread (Volatile) ±0.1769
November Spread (Stable) ±0.0296

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 February and March, when the average rate fell by 0.1110 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1110

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2020: 1.9933) against the same month in 2019 (average: 1.8134), the exchange rate shifted by +0.1798 (+9.92%).

2020 Avg (February) 1.9933
2019 Avg (February) 1.8134

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.9653 1.9218 1.9452
February 2.0235 1.9404 1.9933
March 1.9438 1.7669 1.8822
April 1.9669 1.8876 1.9244
May 1.9660 1.9146 1.9427
June 1.9366 1.8836 1.9174
July 1.9285 1.8399 1.8939
August 1.8650 1.8331 1.8522
September 1.8682 1.8157 1.8443
October 1.8802 1.8493 1.8640
November 1.8866 1.8570 1.8716
December 1.8995 1.8682 1.8836