YEARLY HIGH
0.0308 ILS
YEARLY LOW
0.0274 ILS
YEARLY AVERAGE
0.0295 ILS

2021 KES to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the KES to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on April 13, valuing the pair at 0.0308. Conversely, the yearly low was recorded on November 17, dropping to 0.0274.

This high-to-low spread represents a total annual volatility of 0.0034 ILS. From a start-to-finish perspective, comparing the January average rate of 0.0294 to the December average rate of 0.0277, the exchange rate registered a net change of -5.68% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0308 was down 16.78% compared to the 2020 peak of 0.0370, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 KES based on timing:

Yearly Peak High 154 ILS
2020 Average 162 ILS
Yearly Trough Low 137 ILS
Transaction Impact: A difference of 16.98 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0306
0.0275
JanuMarcMayJulySeptNove

KES to ILS 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 0.0301, compared to 0.0289 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 0.0301
H2 Avg (Jul–Dec) 0.0289

Volatility Range Comparison

Volatility

The most volatile month in 2021 was January, with a trading range of 0.0013 ILS (High: 0.0298 / Low: 0.0285). On the other end, September was the most stable month, with a tight range of 0.0002 ILS (High: 0.0292 / Low: 0.0290).

January Spread (Volatile) ±0.0013
September Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between January and April, 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 October and November, when the average rate fell by 0.0011 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 0.0304) against the same month in 2020 (average: 0.0335), the exchange rate shifted by -0.0031 (-9.39%).

2021 Avg (April) 0.0304
2020 Avg (April) 0.0335

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0298 0.0285 0.0294
February 0.0302 0.0296 0.0299
March 0.0305 0.0300 0.0302
April 0.0308 0.0300 0.0304
May 0.0307 0.0299 0.0303
June 0.0304 0.0300 0.0302
July 0.0305 0.0297 0.0303
August 0.0297 0.0292 0.0295
September 0.0292 0.0290 0.0291
October 0.0293 0.0284 0.0290
November 0.0283 0.0274 0.0279
December 0.0281 0.0274 0.0277