2020 NOK to ILS Historical Review

YEARLY HIGH

0.3950 ILS

YEARLY LOW

0.3058 ILS

YEARLY AVERAGE

0.3660 ILS

2020 NOK to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NOK to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.3950. Conversely, the yearly low was recorded on March 21, dropping to 0.3058.

This high-to-low spread represents a total annual volatility of 0.0892 ILS. From a start-to-finish perspective, comparing the January average rate of 0.3869 to the December average rate of 0.3729, the exchange rate registered a net change of -3.63% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.3950 was down 9.26% compared to the 2019 peak of 0.4353, 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 1,975 ILS

2019 Average 2,027 ILS

Yearly Trough Low 1,529 ILS

Transaction Impact: A difference of 445.90 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.3914

0.3381

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 0.3601, compared to 0.3719 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0118 points.

H1 Avg (Jan–Jun) 0.3601

H2 Avg (Jul–Dec) 0.3719

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0709 ILS (High: 0.3767 / Low: 0.3058). On the other end, February was the most stable month, with a tight range of 0.0098 ILS (High: 0.3746 / Low: 0.3648).

March Spread (Volatile) ±0.0709

February Spread (Stable) ±0.0098

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0189 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0189

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 0.3869) against the same month in 2019 (average: 0.4310), the exchange rate shifted by -0.0441 (-10.23%).

2020 Avg (January) 0.3869

2019 Avg (January) 0.4310

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3950	0.3746	0.3869
February	0.3746	0.3648	0.3697
March	0.3767	0.3058	0.3508
April	0.3508	0.3281	0.3425
May	0.3607	0.3361	0.3487
June	0.3746	0.3528	0.3621
July	0.3767	0.3612	0.3691
August	0.3852	0.3735	0.3798
September	0.3834	0.3633	0.3743
October	0.3704	0.3581	0.3652
November	0.3762	0.3558	0.3700
December	0.3781	0.3677	0.3729