YEARLY HIGH
0.0025 ILS
YEARLY LOW
0.0016 ILS
YEARLY AVERAGE
0.0020 ILS

2021 MMK to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MMK to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on February 2, valuing the pair at 0.0025. Conversely, the yearly low was recorded on October 7, dropping to 0.0016.

This high-to-low spread represents a total annual volatility of 0.0008 ILS. From a start-to-finish perspective, comparing the January average rate of 0.0024 to the December average rate of 0.0018, the exchange rate registered a net change of -27.55% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0025 was down 7.53% compared to the 2020 peak of 0.0027, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 12 ILS
2020 Average 13 ILS
Yearly Trough Low 8 ILS
Transaction Impact: A difference of 4.21 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0025
0.0016
JanuMarcMayJulySeptNove

MMK 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 0.0022, compared to 0.0018 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0022
H2 Avg (Jul–Dec) 0.0018

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0003 ILS (High: 0.0024 / Low: 0.0021). On the other end, June was the most stable month, with a tight range of 0.0000 ILS (High: 0.0020 / Low: 0.0020).

April Spread (Volatile) ±0.0003
June Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between October and December, 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 0.0002 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 0.0023) against the same month in 2020 (average: 0.0024), the exchange rate shifted by -0.0000 (-1.28%).

2021 Avg (February) 0.0023
2020 Avg (February) 0.0024

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0025 0.0024 0.0024
February 0.0025 0.0023 0.0023
March 0.0024 0.0023 0.0024
April 0.0024 0.0021 0.0023
May 0.0021 0.0020 0.0020
June 0.0020 0.0020 0.0020
July 0.0020 0.0020 0.0020
August 0.0020 0.0019 0.0020
September 0.0019 0.0017 0.0018
October 0.0018 0.0016 0.0017
November 0.0018 0.0017 0.0017
December 0.0018 0.0017 0.0018