YEARLY HIGH
24.5921 INR
YEARLY LOW
21.7452 INR
YEARLY AVERAGE
22.8830 INR

2021 ILS to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ILS to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 16, valuing the pair at 24.5921. Conversely, the yearly low was recorded on March 28, dropping to 21.7452.

This high-to-low spread represents a total annual volatility of 2.8469 INR. From a start-to-finish perspective, comparing the January average rate of 22.6264 to the December average rate of 24.0699, the exchange rate registered a net change of 6.38% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 24.5921 was up 7.11% compared to the 2020 peak of 22.9606, 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 122,961 INR
2020 Average 107,830 INR
Yearly Trough Low 108,726 INR
Transaction Impact: A difference of 14,234.48 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

24.2823
21.7329
JanuMarcMayJulySeptNove

ILS to INR 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 22.4346, compared to 23.3314 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.8969 points.

H1 Avg (Jan–Jun) 22.4346
H2 Avg (Jul–Dec) 23.3314

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 1.2352 INR (High: 23.2172 / Low: 21.9820). On the other end, August was the most stable month, with a tight range of 0.3382 INR (High: 23.1202 / Low: 22.7820).

April Spread (Volatile) ±1.2352
August Spread (Stable) ±0.3382

Growth Streaks & Declines

Trends

Between May and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.3820 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.3820

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 24.0699) against the same month in 2020 (average: 22.6980), the exchange rate shifted by +1.3719 (+6.04%).

2021 Avg (December) 24.0699
2020 Avg (December) 22.6980

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 23.3750 22.2214 22.6264
February 22.5125 22.0709 22.2444
March 22.2183 21.7452 21.9453
April 23.2172 21.9820 22.7075
May 22.8472 22.2699 22.4580
June 22.8704 22.4254 22.6258
July 23.0501 22.6379 22.7790
August 23.1202 22.7820 22.9857
September 23.1034 22.7613 22.9600
October 23.7289 23.0365 23.3323
November 24.1363 23.5604 23.8616
December 24.5921 23.6715 24.0699