2020 SGD to ILS Historical Review

YEARLY HIGH

2.6853 ILS

YEARLY LOW

2.4147 ILS

YEARLY AVERAGE

2.4932 ILS

2020 SGD to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the SGD to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on March 17, valuing the pair at 2.6853. Conversely, the yearly low was recorded on December 23, dropping to 2.4147.

This high-to-low spread represents a total annual volatility of 0.2706 ILS. From a start-to-finish perspective, comparing the January average rate of 2.5613 to the December average rate of 2.4363, the exchange rate registered a net change of -4.88% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 2.6853 was down 2.11% compared to the 2019 peak of 2.7433, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 13,427 ILS

2019 Average 13,061 ILS

Yearly Trough Low 12,074 ILS

Transaction Impact: A difference of 1,352.86 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2.5738

2.4238

JanuMarcMayJulySeptNove

SGD 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 2.5054, compared to 2.4811 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0242 points.

H1 Avg (Jan–Jun) 2.5054

H2 Avg (Jul–Dec) 2.4811

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.2047 ILS (High: 2.6853 / Low: 2.4806). On the other end, July was the most stable month, with a tight range of 0.0233 ILS (High: 2.4859 / Low: 2.4626).

March Spread (Volatile) ±0.2047

July Spread (Stable) ±0.0233

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 0.0894 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0894

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 2.5338) against the same month in 2019 (average: 2.6719), the exchange rate shifted by -0.1381 (-5.17%).

2020 Avg (March) 2.5338

2019 Avg (March) 2.6719

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.5745	2.5266	2.5613
February	2.5273	2.4373	2.4719
March	2.6853	2.4806	2.5338
April	2.5494	2.4641	2.5066
May	2.4925	2.4675	2.4797
June	2.5135	2.4620	2.4787
July	2.4859	2.4626	2.4731
August	2.4932	2.4648	2.4818
September	2.5420	2.4624	2.5056
October	2.5162	2.4825	2.4958
November	2.5092	2.4670	2.4941
December	2.4593	2.4147	2.4363