YEARLY HIGH
13732.3081 IRR
YEARLY LOW
12614.4831 IRR
YEARLY AVERAGE
13048.7042 IRR

2021 ILS to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ILS to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 17, valuing the pair at 13732.3081. Conversely, the yearly low was recorded on March 8, dropping to 12614.4831.

This high-to-low spread represents a total annual volatility of 1117.8250 IRR. From a start-to-finish perspective, comparing the January average rate of 13031.5686 to the December average rate of 13489.3067, the exchange rate registered a net change of 3.51% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 13732.3081 was down 28.58% compared to the 2020 peak of 19227.6725, 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 68,661,540 IRR
2020 Average 61,354,284 IRR
Yearly Trough Low 63,072,415 IRR
Transaction Impact: A difference of 5,589,125.06 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

13621.3051
12611.6293
JanuMarcMayJulySeptNove

ILS to IRR 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 12881.0413, compared to 13216.3670 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 335.3257 points.

H1 Avg (Jan–Jun) 12881.0413
H2 Avg (Jul–Dec) 13216.3670

Volatility Range Comparison

Volatility

The most volatile month in 2021 was January, with a trading range of 623.3339 IRR (High: 13450.9164 / Low: 12827.5824). On the other end, September was the most stable month, with a tight range of 111.2197 IRR (High: 13196.9714 / Low: 13085.7517).

January Spread (Volatile) ±623.3339
September Spread (Stable) ±111.2197

Growth Streaks & Declines

Trends

Between March and June, 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 171.4303 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -171.4303

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 13537.1654) against the same month in 2020 (average: 12536.5826), the exchange rate shifted by +1000.5828 (+7.98%).

2021 Avg (November) 13537.1654
2020 Avg (November) 12536.5826

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 13450.9164 12827.5824 13031.5686
February 12996.2929 12708.1505 12860.1382
March 12789.1260 12614.4831 12695.7689
April 13004.4414 12629.0500 12837.1087
May 12983.0765 12800.5570 12919.5876
June 12998.5799 12843.3119 12942.0758
July 13063.7834 12774.6461 12879.9901
August 13169.6394 12973.7454 13079.1864
September 13196.9714 13085.7517 13165.7046
October 13380.2010 13029.1802 13146.8489
November 13732.3081 13271.3012 13537.1654
December 13662.3722 13330.8092 13489.3067