YEARLY HIGH
0.0285 ILS
YEARLY LOW
0.0238 ILS
YEARLY AVERAGE
0.0255 ILS

2020 ISK to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the ISK to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0285. Conversely, the yearly low was recorded on April 28, dropping to 0.0238.

This high-to-low spread represents a total annual volatility of 0.0048 ILS. From a start-to-finish perspective, comparing the January average rate of 0.0280 to the December average rate of 0.0255, the exchange rate registered a net change of -9.08% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0285 was down 11.18% compared to the 2019 peak of 0.0321, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 ISK based on timing:

Yearly Peak High 143 ILS
2019 Average 145 ILS
Yearly Trough Low 119 ILS
Transaction Impact: A difference of 23.84 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0284
0.0241
JanuMarcMayJulySeptNove

ISK to ILS 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 0.0261, compared to 0.0248 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0013 points.

H1 Avg (Jan–Jun) 0.0261
H2 Avg (Jul–Dec) 0.0248

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0027 ILS (High: 0.0277 / Low: 0.0250). On the other end, October was the most stable month, with a tight range of 0.0007 ILS (High: 0.0248 / Low: 0.0241).

March Spread (Volatile) ±0.0027
October Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between October and December, 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 March and April, when the average rate fell by 0.0019 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0019

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 0.0280) against the same month in 2019 (average: 0.0308), the exchange rate shifted by -0.0028 (-9.04%).

2020 Avg (January) 0.0280
2019 Avg (January) 0.0308

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0285 0.0277 0.0280
February 0.0280 0.0267 0.0271
March 0.0277 0.0250 0.0267
April 0.0254 0.0238 0.0247
May 0.0258 0.0239 0.0245
June 0.0263 0.0246 0.0255
July 0.0253 0.0244 0.0248
August 0.0252 0.0244 0.0249
September 0.0254 0.0241 0.0249
October 0.0248 0.0241 0.0244
November 0.0249 0.0241 0.0246
December 0.0261 0.0251 0.0255