YEARLY HIGH
0.5636 BGN
YEARLY LOW
0.4872 BGN
YEARLY AVERAGE
0.5121 BGN

2021 ILS to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ILS to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on November 22, valuing the pair at 0.5636. Conversely, the yearly low was recorded on February 28, dropping to 0.4872.

This high-to-low spread represents a total annual volatility of 0.0764 BGN. From a start-to-finish perspective, comparing the January average rate of 0.4973 to the December average rate of 0.5525, the exchange rate registered a net change of 11.09% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.5636 was up 6.45% compared to the 2020 peak of 0.5294, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,818 BGN
2020 Average 2,494 BGN
Yearly Trough Low 2,436 BGN
Transaction Impact: A difference of 382.12 BGN purely based on transaction execution date.

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0.5583
0.4880
JanuMarcMayJulySeptNove

ILS to BGN 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 0.4965, compared to 0.5276 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0311 points.

H1 Avg (Jan–Jun) 0.4965
H2 Avg (Jul–Dec) 0.5276

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0253 BGN (High: 0.5636 / Low: 0.5383). On the other end, April was the most stable month, with a tight range of 0.0064 BGN (High: 0.5027 / Low: 0.4962).

November Spread (Volatile) Âą0.0253
April Spread (Stable) Âą0.0064

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0045 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0045

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 0.5493) against the same month in 2020 (average: 0.4916), the exchange rate shifted by +0.0577 (+11.74%).

2021 Avg (November) 0.5493
2020 Avg (November) 0.4916

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Month High Low Average
January 0.5138 0.4907 0.4973
February 0.4991 0.4872 0.4938
March 0.5010 0.4907 0.4957
April 0.5027 0.4962 0.4987
May 0.5016 0.4892 0.4942
June 0.5062 0.4928 0.4995
July 0.5109 0.5019 0.5055
August 0.5179 0.5109 0.5154
September 0.5235 0.5137 0.5180
October 0.5359 0.5216 0.5252
November 0.5636 0.5383 0.5493
December 0.5587 0.5454 0.5525