YEARLY HIGH
0.0432 ILS
YEARLY LOW
0.0266 ILS
YEARLY AVERAGE
0.0391 ILS

2021 AFN to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the AFN to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on March 30, valuing the pair at 0.0432. Conversely, the yearly low was recorded on December 15, dropping to 0.0266.

This high-to-low spread represents a total annual volatility of 0.0166 ILS. From a start-to-finish perspective, comparing the January average rate of 0.0418 to the December average rate of 0.0308, the exchange rate registered a net change of -26.27% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0432 was down 14.44% compared to the 2020 peak of 0.0505, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 216 ILS
2020 Average 224 ILS
Yearly Trough Low 133 ILS
Transaction Impact: A difference of 82.87 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0440
0.0296
JanuMarcMayJulySeptNove

AFN 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 0.0421, compared to 0.0361 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0059 points.

H1 Avg (Jan–Jun) 0.0421
H2 Avg (Jul–Dec) 0.0361

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 0.0063 ILS (High: 0.0329 / Low: 0.0266). On the other end, March was the most stable month, with a tight range of 0.0007 ILS (High: 0.0432 / Low: 0.0425).

December Spread (Volatile) ±0.0063
March Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between January and March, 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 November and December, when the average rate fell by 0.0029 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0029

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2021: 0.0428) against the same month in 2020 (average: 0.0471), the exchange rate shifted by -0.0043 (-9.09%).

2021 Avg (March) 0.0428
2020 Avg (March) 0.0471

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0424 0.0405 0.0418
February 0.0428 0.0419 0.0423
March 0.0432 0.0425 0.0428
April 0.0431 0.0417 0.0422
May 0.0425 0.0412 0.0419
June 0.0418 0.0409 0.0413
July 0.0416 0.0401 0.0409
August 0.0404 0.0373 0.0388
September 0.0378 0.0361 0.0370
October 0.0361 0.0348 0.0356
November 0.0348 0.0327 0.0337
December 0.0329 0.0266 0.0308