2020 MRO to ILS Historical Review

YEARLY HIGH

0.0108 ILS

YEARLY LOW

0.0090 ILS

YEARLY AVERAGE

0.0096 ILS

2020 MRO to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MRO to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on March 17, valuing the pair at 0.0108. Conversely, the yearly low was recorded on December 31, dropping to 0.0090.

This high-to-low spread represents a total annual volatility of 0.0018 ILS. From a start-to-finish perspective, comparing the January average rate of 0.0097 to the December average rate of 0.0091, the exchange rate registered a net change of -6.20% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0108 was up 2.57% compared to the 2019 peak of 0.0105, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 54 ILS

2019 Average 50 ILS

Yearly Trough Low 45 ILS

Transaction Impact: A difference of 8.77 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0102

0.0090

JanuMarcMayJulySeptNove

MRO 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 0.0098, compared to 0.0095 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0098

H2 Avg (Jul–Dec) 0.0095

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0011 ILS (High: 0.0108 / Low: 0.0096). On the other end, January was the most stable month, with a tight range of 0.0001 ILS (High: 0.0097 / Low: 0.0097).

March Spread (Volatile) ±0.0011

January Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2020. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0003 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.0101) against the same month in 2019 (average: 0.0101), the exchange rate shifted by -0.0001 (-0.79%).

2020 Avg (March) 0.0101

2019 Avg (March) 0.0101

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0097	0.0097	0.0097
February	0.0098	0.0095	0.0096
March	0.0108	0.0096	0.0101
April	0.0102	0.0097	0.0100
May	0.0099	0.0098	0.0099
June	0.0098	0.0096	0.0097
July	0.0097	0.0095	0.0096
August	0.0096	0.0094	0.0095
September	0.0098	0.0094	0.0096
October	0.0096	0.0095	0.0095
November	0.0096	0.0093	0.0094
December	0.0092	0.0090	0.0091