2021 KWD to ILS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 KWD to ILS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the KWD to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on March 30, valuing the pair at 11.0416. Conversely, the yearly low was recorded on November 17, dropping to 10.1682.
This high-to-low spread represents a total annual volatility of 0.8734 ILS. From a start-to-finish perspective, comparing the January average rate of 10.6588 to the December average rate of 10.3486, the exchange rate registered a net change of -2.91% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2021 high of 11.0416 was down 10.95% compared to the 2020 peak of 12.4000, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 KWD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
KWD to ILS Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 10.8275, compared to 10.5951 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2324 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was January, with a trading range of 0.5177 ILS (High: 10.8423 / Low: 10.3247). On the other end, September was the most stable month, with a tight range of 0.0679 ILS (High: 10.6960 / Low: 10.6282).
Growth Streaks & Declines
TrendsBetween January and March, 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 October and November, when the average rate fell by 0.3212 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2021: 10.9683) against the same month in 2020 (average: 11.6082), the exchange rate shifted by -0.6398 (-5.51%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 10.8423 | 10.3247 | 10.6588 |
| February | 10.9427 | 10.7103 | 10.8175 |
| March | 11.0416 | 10.8901 | 10.9683 |
| April | 11.0322 | 10.7514 | 10.8784 |
| May | 10.9283 | 10.7688 | 10.8314 |
| June | 10.8812 | 10.7640 | 10.8102 |
| July | 10.9743 | 10.7366 | 10.8729 |
| August | 10.7893 | 10.6560 | 10.7202 |
| September | 10.6960 | 10.6282 | 10.6554 |
| October | 10.7392 | 10.4676 | 10.6473 |
| November | 10.5241 | 10.1682 | 10.3260 |
| December | 10.4773 | 10.2124 | 10.3486 |