2022 ILS to NOK Historical Review

YEARLY HIGH

3.0862 NOK

YEARLY LOW

2.6757 NOK

YEARLY AVERAGE

2.8600 NOK

2022 ILS to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the ILS to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 3.0862. Conversely, the yearly low was recorded on March 26, dropping to 2.6757.

This high-to-low spread represents a total annual volatility of 0.4104 NOK. From a start-to-finish perspective, comparing the January average rate of 2.8226 to the December average rate of 2.8570, the exchange rate registered a net change of 1.22% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 3.0862 was up 6.24% compared to the 2021 peak of 2.9049, 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 15,431 NOK

2021 Average 13,313 NOK

Yearly Trough Low 13,379 NOK

Transaction Impact: A difference of 2,052.19 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

3.0104

2.6977

JanuMarcMayJulySeptNove

ILS to NOK 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 2.7918, compared to 2.9283 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1364 points.

H1 Avg (Jan–Jun) 2.7918

H2 Avg (Jul–Dec) 2.9283

Volatility Range Comparison

Volatility

The most volatile month in 2022 was May, with a trading range of 0.2138 NOK (High: 2.9410 / Low: 2.7271). On the other end, February was the most stable month, with a tight range of 0.0793 NOK (High: 2.8050 / Low: 2.7256).

May Spread (Volatile) ±0.2138

February Spread (Stable) ±0.0793

Growth Streaks & Declines

Trends

Between March and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0727 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0727

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2022: 2.9750) against the same month in 2021 (average: 2.7023), the exchange rate shifted by +0.2727 (+10.09%).

2022 Avg (September) 2.9750

2021 Avg (September) 2.7023

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.8728	2.7893	2.8226
February	2.8050	2.7256	2.7580
March	2.7709	2.6757	2.7238
April	2.8277	2.7026	2.7448
May	2.9410	2.7271	2.8404
June	2.8954	2.8126	2.8614
July	2.9613	2.8037	2.8844
August	3.0156	2.8673	2.9571
September	3.0862	2.9026	2.9750
October	3.0586	2.9227	2.9843
November	2.9677	2.8488	2.9117
December	2.9292	2.7712	2.8570