YEARLY HIGH
0.0088 ILS
YEARLY LOW
0.0075 ILS
YEARLY AVERAGE
0.0080 ILS

2021 NGN to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NGN to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on March 8, valuing the pair at 0.0088. Conversely, the yearly low was recorded on November 17, dropping to 0.0075.

This high-to-low spread represents a total annual volatility of 0.0013 ILS. From a start-to-finish perspective, comparing the January average rate of 0.0083 to the December average rate of 0.0076, the exchange rate registered a net change of -8.59% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0088 was down 15.81% compared to the 2020 peak of 0.0104, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 NGN based on timing:

Yearly Peak High 8,772 ILS
2020 Average 9,052 ILS
Yearly Trough Low 7,471 ILS
Transaction Impact: A difference of 1,301.43 ILS purely based on transaction execution date.

āĻĒā§āϰāĻŦāĻŖāϤāĻžāϰ āϚāĻŋāĻ¤ā§āϰāĻžāϝāĻŧāύ

2021 āϏāĻžāϞ āϜ⧁āĻĄāĻŧ⧇ āĻŽāĻžāϏāĻŋāĻ• āĻ—āĻĄāĻŧ āĻ“āĻ āĻžāύāĻžāĻŽāĻžāĨ¤

0.0086
0.0075
JanuMarcMayJulySeptNove

NGN 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 0.0083, compared to 0.0078 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0083
H2 Avg (Jul–Dec) 0.0078

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.0008 ILS (High: 0.0086 / Low: 0.0079). On the other end, September was the most stable month, with a tight range of 0.0001 ILS (High: 0.0078 / Low: 0.0078).

May Spread (Volatile) Âą0.0008
September Spread (Stable) Âą0.0001

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 April and May, when the average rate fell by 0.0003 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2021: 0.0086) against the same month in 2020 (average: 0.0097), the exchange rate shifted by -0.0011 (-11.71%).

2021 Avg (March) 0.0086
2020 Avg (March) 0.0097

āĻŽāĻžāϏāĻŋāĻ• āĻŦāĻŋāĻļā§āϞ⧇āώāĻŖ

āĻĒā§āϰāϤāĻŋāϟāĻŋ āĻ•ā§āϝāĻžāϞ⧇āĻ¨ā§āĻĄāĻžāϰ āĻŽāĻžāϏ⧇āϰ āĻĒāϰāĻŋāϏāĻ‚āĻ–ā§āϝāĻžāύāĻ—āϤ āϏāĻžāϰāϏāĻ‚āĻ•ā§āώ⧇āĻĒāĨ¤

Month High Low Average
January 0.0086 0.0080 0.0083
February 0.0087 0.0079 0.0084
March 0.0088 0.0080 0.0086
April 0.0087 0.0080 0.0084
May 0.0086 0.0079 0.0081
June 0.0080 0.0079 0.0079
July 0.0080 0.0078 0.0080
August 0.0079 0.0078 0.0078
September 0.0078 0.0078 0.0078
October 0.0079 0.0077 0.0078
November 0.0078 0.0075 0.0076
December 0.0077 0.0075 0.0076