YEARLY HIGH
42.0734 ISK
YEARLY LOW
35.0443 ISK
YEARLY AVERAGE
39.3560 ISK

2020 ILS to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the ILS to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on April 28, valuing the pair at 42.0734. Conversely, the yearly low was recorded on January 1, dropping to 35.0443.

This high-to-low spread represents a total annual volatility of 7.0291 ISK. From a start-to-finish perspective, comparing the January average rate of 35.6876 to the December average rate of 39.2528, the exchange rate registered a net change of 9.99% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 42.0734 was up 17.10% compared to the 2019 peak of 35.9295, 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 210,367 ISK
2019 Average 172,091 ISK
Yearly Trough Low 175,221 ISK
Transaction Impact: A difference of 35,145.60 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

41.4953
35.1597
JanuMarcMayJulySeptNove

ILS to ISK 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 38.4353, compared to 40.2767 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.8415 points.

H1 Avg (Jan–Jun) 38.4353
H2 Avg (Jul–Dec) 40.2767

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 3.9057 ISK (High: 40.0624 / Low: 36.1568). On the other end, January was the most stable month, with a tight range of 1.0261 ISK (High: 36.0704 / Low: 35.0443).

March Spread (Volatile) ±3.9057
January Spread (Stable) ±1.0261

Growth Streaks & Declines

Trends

Between January and May, 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 May and June, when the average rate fell by 1.4681 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -1.4681

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2020: 40.4796) against the same month in 2019 (average: 33.5263), the exchange rate shifted by +6.9533 (+20.74%).

2020 Avg (April) 40.4796
2019 Avg (April) 33.5263

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 36.0704 35.0443 35.6876
February 37.4951 35.6702 36.8454
March 40.0624 36.1568 37.5471
April 42.0734 39.3595 40.4796
May 41.9268 38.7459 40.7601
June 40.6394 38.0564 39.2919
July 40.9280 39.4492 40.3121
August 40.9960 39.6222 40.2252
September 41.4114 39.3264 40.2518
October 41.4532 40.2920 40.9673
November 41.4803 40.1004 40.6512
December 39.8115 38.2820 39.2528