2020 NGN to ILS Historical Review

YEARLY HIGH

0.0104 ILS

YEARLY LOW

0.0082 ILS

YEARLY AVERAGE

0.0091 ILS

2020 NGN to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NGN to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on March 17, valuing the pair at 0.0104. Conversely, the yearly low was recorded on December 26, dropping to 0.0082.

This high-to-low spread represents a total annual volatility of 0.0023 ILS. From a start-to-finish perspective, comparing the January average rate of 0.0096 to the December average rate of 0.0085, the exchange rate registered a net change of -11.47% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0104 was down 11.71% compared to the 2019 peak of 0.0118, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 NGN based on timing:

Yearly Peak High 10,419 ILS

2019 Average 9,902 ILS

Yearly Trough Low 8,153 ILS

Transaction Impact: A difference of 2,265.88 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0098

0.0083

JanuMarcMayJulySeptNove

NGN 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 0.0093, compared to 0.0088 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0093

H2 Avg (Jul–Dec) 0.0088

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0014 ILS (High: 0.0104 / Low: 0.0090). On the other end, July was the most stable month, with a tight range of 0.0002 ILS (High: 0.0089 / Low: 0.0088).

March Spread (Volatile) ±0.0014

July Spread (Stable) ±0.0002

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 March and April, when the average rate fell by 0.0004 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.0097) against the same month in 2019 (average: 0.0100), the exchange rate shifted by -0.0004 (-3.59%).

2020 Avg (March) 0.0097

2019 Avg (March) 0.0100

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0096	0.0094	0.0096
February	0.0096	0.0094	0.0094
March	0.0104	0.0090	0.0097
April	0.0099	0.0089	0.0093
May	0.0091	0.0090	0.0090
June	0.0090	0.0088	0.0089
July	0.0089	0.0088	0.0089
August	0.0090	0.0087	0.0088
September	0.0091	0.0087	0.0089
October	0.0090	0.0088	0.0089
November	0.0090	0.0086	0.0088
December	0.0086	0.0082	0.0085