YEARLY HIGH
2.9049 NOK
YEARLY LOW
2.5100 NOK
YEARLY AVERAGE
2.6621 NOK

2021 ILS to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ILS to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 13, valuing the pair at 2.9049. Conversely, the yearly low was recorded on May 16, dropping to 2.5100.

This high-to-low spread represents a total annual volatility of 0.3949 NOK. From a start-to-finish perspective, comparing the January average rate of 2.6373 to the December average rate of 2.8638, the exchange rate registered a net change of 8.59% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 2.9049 was down 11.16% compared to the 2020 peak of 3.2699, 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 14,524 NOK
2020 Average 13,684 NOK
Yearly Trough Low 12,550 NOK
Transaction Impact: A difference of 1,974.34 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

2.8953
2.5176
JanuMarcMayJulySeptNove

ILS to NOK 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: JanтАУJun) was 2.5845, compared to 2.7398 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 0.1552 points.

H1 Avg (JanтАУJun) 2.5845
H2 Avg (JulтАУDec) 2.7398

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.1908 NOK (High: 2.8925 / Low: 2.7017). On the other end, September was the most stable month, with a tight range of 0.0519 NOK (High: 2.7251 / Low: 2.6732).

November Spread (Volatile) ┬▒0.1908
September Spread (Stable) ┬▒0.0519

Growth Streaks & Declines

Trends

Between May and August, 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 September and October, when the average rate fell by 0.0658 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0658

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 2.8638) against the same month in 2020 (average: 2.6818), the exchange rate shifted by +0.1820 (+6.79%).

2021 Avg (December) 2.8638
2020 Avg (December) 2.6818

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Month High Low Average
January 2.7050 2.5692 2.6373
February 2.6231 2.5649 2.5983
March 2.6297 2.5315 2.5708
April 2.5832 2.5144 2.5596
May 2.5790 2.5100 2.5491
June 2.6456 2.5459 2.5920
July 2.7349 2.6246 2.6817
August 2.7893 2.6958 2.7462
September 2.7251 2.6732 2.7023
October 2.6817 2.5889 2.6365
November 2.8925 2.7017 2.8081
December 2.9049 2.8015 2.8638