2021 CVE to ILS Historical Review

YEARLY HIGH

0.0363 ILS

YEARLY LOW

0.0314 ILS

YEARLY AVERAGE

0.0346 ILS

2021 CVE to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the CVE to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on February 28, valuing the pair at 0.0363. Conversely, the yearly low was recorded on November 22, dropping to 0.0314.

This high-to-low spread represents a total annual volatility of 0.0049 ILS. From a start-to-finish perspective, comparing the January average rate of 0.0355 to the December average rate of 0.0320, the exchange rate registered a net change of -10.00% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0363 was down 5.01% compared to the 2020 peak of 0.0382, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 181 ILS

2020 Average 177 ILS

Yearly Trough Low 157 ILS

Transaction Impact: A difference of 24.38 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0361

0.0316

JanuMarcMayJulySeptNove

CVE 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 0.0356, compared to 0.0336 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0020 points.

H1 Avg (Jan–Jun) 0.0356

H2 Avg (Jul–Dec) 0.0336

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 0.0019 ILS (High: 0.0359 / Low: 0.0340). On the other end, August was the most stable month, with a tight range of 0.0005 ILS (High: 0.0346 / Low: 0.0342).

June Spread (Volatile) ±0.0019

August Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2021. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0015 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0015

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 0.0358) against the same month in 2020 (average: 0.0339), the exchange rate shifted by +0.0019 (+5.62%).

2021 Avg (February) 0.0358

2020 Avg (February) 0.0339

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0360	0.0344	0.0355
February	0.0363	0.0354	0.0358
March	0.0360	0.0353	0.0356
April	0.0356	0.0350	0.0354
May	0.0361	0.0352	0.0357
June	0.0359	0.0340	0.0354
July	0.0352	0.0344	0.0349
August	0.0346	0.0342	0.0344
September	0.0344	0.0338	0.0341
October	0.0339	0.0332	0.0337
November	0.0329	0.0314	0.0322
December	0.0324	0.0316	0.0320