YEARLY HIGH
2.2955 DKK
YEARLY LOW
1.9702 DKK
YEARLY AVERAGE
2.1064 DKK

2022 ILS to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the ILS to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on August 28, valuing the pair at 2.2955. Conversely, the yearly low was recorded on December 30, dropping to 1.9702.

This high-to-low spread represents a total annual volatility of 0.3253 DKK. From a start-to-finish perspective, comparing the January average rate of 2.0960 to the December average rate of 2.0325, the exchange rate registered a net change of -3.03% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 2.2955 was up 7.16% compared to the 2021 peak of 2.1421, 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 11,477 DKK
2021 Average 9,738 DKK
Yearly Trough Low 9,851 DKK
Transaction Impact: A difference of 1,626.32 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

2.2549
2.0122
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 2.0817, compared to 2.1311 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0493 points.

H1 Avg (Jan–Jun) 2.0817
H2 Avg (Jul–Dec) 2.1311

Volatility Range Comparison

Volatility

The most volatile month in 2022 was August, with a trading range of 0.1367 DKK (High: 2.2955 / Low: 2.1588). On the other end, March was the most stable month, with a tight range of 0.0432 DKK (High: 2.1072 / Low: 2.0640).

August Spread (Volatile) ±0.1367
March Spread (Stable) ±0.0432

Growth Streaks & Declines

Trends

Between February and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0639 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0639

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2022: 2.2347) against the same month in 2021 (average: 1.9597), the exchange rate shifted by +0.2750 (+14.03%).

2022 Avg (August) 2.2347
2021 Avg (August) 1.9597

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.1364 2.0672 2.0960
February 2.0817 2.0183 2.0404
March 2.1072 2.0640 2.0850
April 2.1450 2.1014 2.1206
May 2.1131 2.0400 2.0826
June 2.0979 2.0273 2.0657
July 2.1461 2.0200 2.1090
August 2.2955 2.1588 2.2347
September 2.2255 2.1227 2.1780
October 2.1589 2.1095 2.1358
November 2.1487 2.0658 2.0964
December 2.0831 1.9702 2.0325