YEARLY HIGH
0.0360 ILS
YEARLY LOW
0.0314 ILS
YEARLY AVERAGE
0.0334 ILS

2020 RSD to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the RSD to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on March 17, valuing the pair at 0.0360. Conversely, the yearly low was recorded on February 20, dropping to 0.0314.

This high-to-low spread represents a total annual volatility of 0.0046 ILS. From a start-to-finish perspective, comparing the January average rate of 0.0327 to the December average rate of 0.0336, the exchange rate registered a net change of 2.80% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0360 was down 1.44% compared to the 2019 peak of 0.0365, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 180 ILS
2019 Average 169 ILS
Yearly Trough Low 157 ILS
Transaction Impact: A difference of 22.86 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0346
0.0316
JanuMarcMayJulySeptNove

RSD 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 0.0328, compared to 0.0339 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 0.0328
H2 Avg (Jul–Dec) 0.0339

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0034 ILS (High: 0.0360 / Low: 0.0326). On the other end, November was the most stable month, with a tight range of 0.0005 ILS (High: 0.0341 / Low: 0.0336).

March Spread (Volatile) ±0.0034
November Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between May and September, 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 January and February, when the average rate fell by 0.0008 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.0338) against the same month in 2019 (average: 0.0346), the exchange rate shifted by -0.0009 (-2.57%).

2020 Avg (March) 0.0338
2019 Avg (March) 0.0346

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0331 0.0323 0.0327
February 0.0326 0.0314 0.0319
March 0.0360 0.0326 0.0338
April 0.0337 0.0322 0.0330
May 0.0331 0.0323 0.0326
June 0.0337 0.0327 0.0331
July 0.0344 0.0329 0.0334
August 0.0345 0.0339 0.0342
September 0.0349 0.0339 0.0343
October 0.0342 0.0337 0.0340
November 0.0341 0.0336 0.0338
December 0.0339 0.0333 0.0336