YEARLY HIGH
0.4394 SGD
YEARLY LOW
0.3802 SGD
YEARLY AVERAGE
0.4109 SGD

2022 ILS to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the ILS to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 0.4394. Conversely, the yearly low was recorded on December 31, dropping to 0.3802.

This high-to-low spread represents a total annual volatility of 0.0592 SGD. From a start-to-finish perspective, comparing the January average rate of 0.4307 to the December average rate of 0.3913, the exchange rate registered a net change of -9.16% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.4394 was down 0.57% compared to the 2021 peak of 0.4419, 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 2,197 SGD
2021 Average 2,080 SGD
Yearly Trough Low 1,901 SGD
Transaction Impact: A difference of 295.89 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.4347
0.3873
JanuMarcMayJulySeptNove

ILS to SGD 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 0.4175, compared to 0.4043 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0133 points.

H1 Avg (Jan–Jun) 0.4175
H2 Avg (Jul–Dec) 0.4043

Volatility Range Comparison

Volatility

The most volatile month in 2022 was August, with a trading range of 0.0189 SGD (High: 0.4286 / Low: 0.4097). On the other end, October was the most stable month, with a tight range of 0.0086 SGD (High: 0.4061 / Low: 0.3974).

August Spread (Volatile) ±0.0189
October Spread (Stable) ±0.0086

Growth Streaks & Declines

Trends

Between February and April, 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 0.0121 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0121

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2022: 0.4307) against the same month in 2021 (average: 0.4104), the exchange rate shifted by +0.0203 (+4.95%).

2022 Avg (January) 0.4307
2021 Avg (January) 0.4104

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4394 0.4223 0.4307
February 0.4254 0.4130 0.4190
March 0.4253 0.4135 0.4191
April 0.4259 0.4139 0.4211
May 0.4142 0.4018 0.4090
June 0.4151 0.3971 0.4063
July 0.4069 0.3953 0.4029
August 0.4286 0.4097 0.4208
September 0.4161 0.4016 0.4099
October 0.4061 0.3974 0.4020
November 0.4029 0.3940 0.3989
December 0.3990 0.3802 0.3913