2021 ILS to AFN Historical Review

YEARLY HIGH

37.5704 AFN

YEARLY LOW

23.1533 AFN

YEARLY AVERAGE

25.8523 AFN

2021 ILS to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ILS to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 15, valuing the pair at 37.5704. Conversely, the yearly low was recorded on March 30, dropping to 23.1533.

This high-to-low spread represents a total annual volatility of 14.4171 AFN. From a start-to-finish perspective, comparing the January average rate of 23.9288 to the December average rate of 32.5312, the exchange rate registered a net change of 35.95% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 37.5704 was up 56.16% compared to the 2020 peak of 24.0584, 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 187,852 AFN

2020 Average 111,801 AFN

Yearly Trough Low 115,766 AFN

Transaction Impact: A difference of 72,085.59 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

33.4487

22.4379

JanuMarcMayJulySeptNove

ILS to AFN 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 23.7749, compared to 27.9297 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.1548 points.

H1 Avg (Jan–Jun) 23.7749

H2 Avg (Jul–Dec) 27.9297

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 7.2169 AFN (High: 37.5704 / Low: 30.3535). On the other end, March was the most stable month, with a tight range of 0.3969 AFN (High: 23.5502 / Low: 23.1533).

December Spread (Volatile) ±7.2169

March Spread (Stable) ±0.3969

Growth Streaks & Declines

Trends

Between March and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.3126 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -0.3126

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 32.5312) against the same month in 2020 (average: 23.7488), the exchange rate shifted by +8.7824 (+36.98%).

2021 Avg (December) 32.5312

2020 Avg (December) 23.7488

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	24.6678	23.5617	23.9288
February	23.8907	23.3861	23.6162
March	23.5502	23.1533	23.3555
April	23.9785	23.1855	23.6931
May	24.2687	23.5372	23.8712
June	24.4725	23.9449	24.1846
July	24.9535	24.0454	24.4522
August	26.8186	24.7329	25.7851
September	27.7040	26.4591	27.0453
October	28.7152	27.7180	28.0558
November	30.5401	28.7769	29.7085
December	37.5704	30.3535	32.5312