YEARLY HIGH
0.8824 ILS
YEARLY LOW
0.7913 ILS
YEARLY AVERAGE
0.8188 ILS

2020 MYR to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MYR to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on March 17, valuing the pair at 0.8824. Conversely, the yearly low was recorded on December 24, dropping to 0.7913.

This high-to-low spread represents a total annual volatility of 0.0910 ILS. From a start-to-finish perspective, comparing the January average rate of 0.8484 to the December average rate of 0.8001, the exchange rate registered a net change of -5.70% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.8824 was down 2.49% compared to the 2019 peak of 0.9049, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 MYR based on timing:

Yearly Peak High 17,647 ILS
2019 Average 17,208 ILS
Yearly Trough Low 15,826 ILS
Transaction Impact: A difference of 1,820.91 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.8533
0.7952
JanuMarcMayJulySeptNove

MYR 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 0.8249, compared to 0.8126 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0122 points.

H1 Avg (Jan–Jun) 0.8249
H2 Avg (Jul–Dec) 0.8126

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0691 ILS (High: 0.8824 / Low: 0.8132). On the other end, July was the most stable month, with a tight range of 0.0098 ILS (High: 0.8103 / Low: 0.8006).

March Spread (Volatile) ±0.0691
July Spread (Stable) ±0.0098

Growth Streaks & Declines

Trends

Between July and September, 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 January and February, when the average rate fell by 0.0227 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0227

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.8356) against the same month in 2019 (average: 0.8870), the exchange rate shifted by -0.0514 (-5.80%).

2020 Avg (March) 0.8356
2019 Avg (March) 0.8870

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8538 0.8419 0.8484
February 0.8419 0.8094 0.8258
March 0.8824 0.8132 0.8356
April 0.8369 0.8023 0.8204
May 0.8172 0.8037 0.8107
June 0.8165 0.7996 0.8084
July 0.8103 0.8006 0.8046
August 0.8161 0.8024 0.8114
September 0.8398 0.8089 0.8251
October 0.8257 0.8121 0.8174
November 0.8240 0.8113 0.8172
December 0.8075 0.7913 0.8001