YEARLY HIGH
0.0265 ILS
YEARLY LOW
0.0230 ILS
YEARLY AVERAGE
0.0249 ILS

2022 ISK to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the ISK to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on June 16, valuing the pair at 0.0265. Conversely, the yearly low was recorded on August 28, dropping to 0.0230.

This high-to-low spread represents a total annual volatility of 0.0035 ILS. From a start-to-finish perspective, comparing the January average rate of 0.0243 to the December average rate of 0.0243, the exchange rate registered a net change of -0.11% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0265 was down 2.18% compared to the 2021 peak of 0.0271, 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 133 ILS
2021 Average 127 ILS
Yearly Trough Low 115 ILS
Transaction Impact: A difference of 17.51 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0262
0.0235
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 0.0253, compared to 0.0244 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.0253
H2 Avg (Jul–Dec) 0.0244

Volatility Range Comparison

Volatility

The most volatile month in 2022 was August, with a trading range of 0.0018 ILS (High: 0.0249 / Low: 0.0230). On the other end, October was the most stable month, with a tight range of 0.0007 ILS (High: 0.0250 / Low: 0.0243).

August Spread (Volatile) ±0.0018
October Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0016 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2022: 0.0260) against the same month in 2021 (average: 0.0267), the exchange rate shifted by -0.0006 (-2.41%).

2022 Avg (June) 0.0260
2021 Avg (June) 0.0267

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0249 0.0236 0.0243
February 0.0260 0.0249 0.0257
March 0.0253 0.0245 0.0249
April 0.0256 0.0248 0.0251
May 0.0263 0.0253 0.0258
June 0.0265 0.0256 0.0260
July 0.0264 0.0251 0.0254
August 0.0249 0.0230 0.0237
September 0.0250 0.0237 0.0243
October 0.0250 0.0243 0.0246
November 0.0245 0.0234 0.0241
December 0.0249 0.0239 0.0243