2020 ILS to ISK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
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.
Comparing the value generated converting 5,000 ILS based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |