YEARLY HIGH
2.8958 SEK
YEARLY LOW
2.5338 SEK
YEARLY AVERAGE
2.6758 SEK

2020 ILS to SEK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the ILS to SEK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 22, valuing the pair at 2.8958. Conversely, the yearly low was recorded on September 12, dropping to 2.5338.

This high-to-low spread represents a total annual volatility of 0.3620 SEK. From a start-to-finish perspective, comparing the January average rate of 2.7465 to the December average rate of 2.5743, the exchange rate registered a net change of -6.27% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 2.8958 was up 1.98% compared to the 2019 peak of 2.8397, 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 14,479 SEK
2019 Average 13,278 SEK
Yearly Trough Low 12,669 SEK
Transaction Impact: A difference of 1,810.13 SEK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2.8451
2.5398
JanuMarcMayJulySeptNove

ILS to SEK 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 2.7626, compared to 2.5890 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1737 points.

H1 Avg (Jan–Jun) 2.7626
H2 Avg (Jul–Dec) 2.5890

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.3209 SEK (High: 2.8958 / Low: 2.5749). On the other end, October was the most stable month, with a tight range of 0.0500 SEK (High: 2.6282 / Low: 2.5782).

March Spread (Volatile) ±0.3209
October Spread (Stable) ±0.0500

Growth Streaks & Declines

Trends

Between August and October, 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 February and March, when the average rate fell by 0.0789 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0789

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 2.7407) against the same month in 2019 (average: 2.5677), the exchange rate shifted by +0.1730 (+6.74%).

2020 Avg (March) 2.7407
2019 Avg (March) 2.5677

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.7946 2.7056 2.7465
February 2.8652 2.7519 2.8196
March 2.8958 2.5749 2.7407
April 2.8582 2.7713 2.8084
May 2.8261 2.6921 2.7642
June 2.7473 2.6355 2.6963
July 2.7141 2.5482 2.6358
August 2.5904 2.5397 2.5652
September 2.6244 2.5338 2.5841
October 2.6282 2.5782 2.6029
November 2.6164 2.5466 2.5715
December 2.6142 2.5369 2.5743