2019 NOK to ILS Historical Review

YEARLY HIGH

0.4353 ILS

YEARLY LOW

0.3764 ILS

YEARLY AVERAGE

0.4055 ILS

2019 NOK to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the NOK to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on January 30, valuing the pair at 0.4353. Conversely, the yearly low was recorded on November 30, dropping to 0.3764.

This high-to-low spread represents a total annual volatility of 0.0589 ILS. From a start-to-finish perspective, comparing the January average rate of 0.4310 to the December average rate of 0.3854, the exchange rate registered a net change of -10.59% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.4353 was down 4.59% compared to the 2018 peak of 0.4562, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,176 ILS

2018 Average 2,208 ILS

Yearly Trough Low 1,882 ILS

Transaction Impact: A difference of 294.65 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.4360

0.3761

JanuMarcMayJulySeptNove

NOK 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 0.4202, compared to 0.3907 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0295 points.

H1 Avg (Jan–Jun) 0.4202

H2 Avg (Jul–Dec) 0.3907

Volatility Range Comparison

Volatility

The most volatile month in 2019 was July, with a trading range of 0.0238 ILS (High: 0.4185 / Low: 0.3947). On the other end, October was the most stable month, with a tight range of 0.0060 ILS (High: 0.3876 / Low: 0.3816).

July Spread (Volatile) ±0.0238

October Spread (Stable) ±0.0060

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2019. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0200 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0200

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 0.4310) against the same month in 2018 (average: 0.4327), the exchange rate shifted by -0.0017 (-0.39%).

2019 Avg (January) 0.4310

2018 Avg (January) 0.4327

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4353	0.4260	0.4310
February	0.4312	0.4185	0.4224
March	0.4262	0.4128	0.4206
April	0.4230	0.4154	0.4194
May	0.4151	0.4061	0.4108
June	0.4264	0.4126	0.4170
July	0.4185	0.3947	0.4114
August	0.3946	0.3871	0.3914
September	0.3975	0.3820	0.3903
October	0.3876	0.3816	0.3846
November	0.3878	0.3764	0.3811
December	0.3926	0.3769	0.3854