2021 ILS to TRY Historical Review

YEARLY HIGH

5.3272 TRY

YEARLY LOW

2.1289 TRY

YEARLY AVERAGE

2.7559 TRY

2021 ILS to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ILS to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 5.3272. Conversely, the yearly low was recorded on February 20, dropping to 2.1289.

This high-to-low spread represents a total annual volatility of 3.1983 TRY. From a start-to-finish perspective, comparing the January average rate of 2.2903 to the December average rate of 4.2970, the exchange rate registered a net change of 87.62% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 5.3272 was up 110.90% compared to the 2020 peak of 2.5260, 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 26,636 TRY

2020 Average 10,231 TRY

Yearly Trough Low 10,645 TRY

Transaction Impact: A difference of 15,991.43 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

4.5097

1.9569

JanuMarcMayJulySeptNove

ILS to TRY 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 2.4173, compared to 3.0945 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6772 points.

H1 Avg (Jan–Jun) 2.4173

H2 Avg (Jul–Dec) 3.0945

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 1.9339 TRY (High: 5.3272 / Low: 3.3934). On the other end, July was the most stable month, with a tight range of 0.0681 TRY (High: 2.6592 / Low: 2.5911).

December Spread (Volatile) ±1.9339

July Spread (Stable) ±0.0681

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.1207 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.1207

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 4.2970) against the same month in 2020 (average: 2.3733), the exchange rate shifted by +1.9237 (+81.06%).

2021 Avg (December) 4.2970

2020 Avg (December) 2.3733

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.3648	2.2221	2.2903
February	2.2426	2.1289	2.1696
March	2.4965	2.1871	2.3202
April	2.5842	2.4370	2.4950
May	2.6390	2.5217	2.5743
June	2.6957	2.5779	2.6547
July	2.6592	2.5911	2.6273
August	2.6867	2.5915	2.6298
September	2.7768	2.5827	2.6741
October	3.0419	2.7412	2.8783
November	4.2874	3.0610	3.4607
December	5.3272	3.3934	4.2970