YEARLY HIGH
0.0027 ILS
YEARLY LOW
0.0023 ILS
YEARLY AVERAGE
0.0025 ILS

2020 MMK to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MMK to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on March 17, valuing the pair at 0.0027. Conversely, the yearly low was recorded on January 1, dropping to 0.0023.

This high-to-low spread represents a total annual volatility of 0.0004 ILS. From a start-to-finish perspective, comparing the January average rate of 0.0024 to the December average rate of 0.0024, the exchange rate registered a net change of 3.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0027 was up 10.38% compared to the 2019 peak of 0.0024, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 13 ILS
2019 Average 12 ILS
Yearly Trough Low 12 ILS
Transaction Impact: A difference of 1.79 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0027
0.0023
JanuMarcMayJulySeptNove

MMK 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 0.0025, compared to 0.0025 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0025
H2 Avg (Jul–Dec) 0.0025

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0003 ILS (High: 0.0027 / Low: 0.0024). On the other end, May was the most stable month, with a tight range of 0.0000 ILS (High: 0.0025 / Low: 0.0025).

March Spread (Volatile) ±0.0003
May Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between January and March, 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 November and December, when the average rate fell by 0.0002 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.0026) against the same month in 2019 (average: 0.0024), the exchange rate shifted by +0.0002 (+7.91%).

2020 Avg (March) 0.0026
2019 Avg (March) 0.0024

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0024 0.0023 0.0024
February 0.0024 0.0023 0.0024
March 0.0027 0.0024 0.0026
April 0.0026 0.0025 0.0025
May 0.0025 0.0025 0.0025
June 0.0025 0.0025 0.0025
July 0.0025 0.0025 0.0025
August 0.0025 0.0025 0.0025
September 0.0027 0.0025 0.0026
October 0.0027 0.0026 0.0026
November 0.0027 0.0025 0.0026
December 0.0025 0.0024 0.0024