YEARLY HIGH
0.7069 ILS
YEARLY LOW
0.5796 ILS
YEARLY AVERAGE
0.6284 ILS

2019 TRY to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the TRY to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.7069. Conversely, the yearly low was recorded on May 9, dropping to 0.5796.

This high-to-low spread represents a total annual volatility of 0.1273 ILS. From a start-to-finish perspective, comparing the January average rate of 0.6879 to the December average rate of 0.5932, the exchange rate registered a net change of -13.76% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.7069 was down 25.28% compared to the 2018 peak of 0.9461, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 TRY based on timing:

Yearly Peak High 35,343 ILS
2018 Average 38,150 ILS
Yearly Trough Low 28,980 ILS
Transaction Impact: A difference of 6,363.31 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.6974
0.5838
JanuMarcMayJulySeptNove

TRY 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 0.6451, compared to 0.6118 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0334 points.

H1 Avg (Jan–Jun) 0.6451
H2 Avg (Jul–Dec) 0.6118

Volatility Range Comparison

Volatility

The most volatile month in 2019 was April, with a trading range of 0.0528 ILS (High: 0.6564 / Low: 0.6036). On the other end, November was the most stable month, with a tight range of 0.0176 ILS (High: 0.6179 / Low: 0.6003).

April Spread (Volatile) ±0.0528
November Spread (Stable) ±0.0176

Growth Streaks & Declines

Trends

Between May and July, 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 March and April, when the average rate fell by 0.0375 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0375

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 0.6879) against the same month in 2018 (average: 0.9072), the exchange rate shifted by -0.2192 (-24.17%).

2019 Avg (January) 0.6879
2018 Avg (January) 0.9072

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7069 0.6701 0.6879
February 0.6984 0.6775 0.6875
March 0.6759 0.6284 0.6600
April 0.6564 0.6036 0.6225
May 0.6212 0.5796 0.5945
June 0.6299 0.6093 0.6185
July 0.6364 0.6168 0.6252
August 0.6357 0.6025 0.6215
September 0.6256 0.6048 0.6163
October 0.6189 0.5919 0.6072
November 0.6179 0.6003 0.6070
December 0.6067 0.5807 0.5932