2020 TRY to ILS Historical Review

YEARLY HIGH

0.5998 ILS

YEARLY LOW

0.3959 ILS

YEARLY AVERAGE

0.4952 ILS

2020 TRY to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the TRY to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on March 17, valuing the pair at 0.5998. Conversely, the yearly low was recorded on November 7, dropping to 0.3959.

This high-to-low spread represents a total annual volatility of 0.2039 ILS. From a start-to-finish perspective, comparing the January average rate of 0.5840 to the December average rate of 0.4214, the exchange rate registered a net change of -27.83% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.5998 was down 15.15% compared to the 2019 peak of 0.7069, 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 29,990 ILS

2019 Average 31,405 ILS

Yearly Trough Low 19,794 ILS

Transaction Impact: A difference of 10,195.12 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.6002

0.4052

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 0.5420, compared to 0.4485 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0935 points.

H1 Avg (Jan–Jun) 0.5420

H2 Avg (Jul–Dec) 0.4485

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0649 ILS (High: 0.5998 / Low: 0.5348). On the other end, January was the most stable month, with a tight range of 0.0145 ILS (High: 0.5910 / Low: 0.5765).

March Spread (Volatile) ±0.0649

January Spread (Stable) ±0.0145

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2020. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0446 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -0.0446

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.5657) against the same month in 2019 (average: 0.6600), the exchange rate shifted by -0.0943 (-14.28%).

2020 Avg (March) 0.5657

2019 Avg (March) 0.6600

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5910	0.5765	0.5840
February	0.5768	0.5566	0.5661
March	0.5998	0.5348	0.5657
April	0.5497	0.4975	0.5211
May	0.5208	0.4881	0.5081
June	0.5179	0.5001	0.5068
July	0.5039	0.4882	0.4995
August	0.4930	0.4558	0.4670
September	0.4627	0.4408	0.4536
October	0.4420	0.4082	0.4271
November	0.4438	0.3959	0.4223
December	0.4355	0.4122	0.4214