YEARLY HIGH
0.0043 ILS
YEARLY LOW
0.0038 ILS
YEARLY AVERAGE
0.0040 ILS

2021 MWK to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MWK to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on March 7, valuing the pair at 0.0043. Conversely, the yearly low was recorded on November 17, dropping to 0.0038.

This high-to-low spread represents a total annual volatility of 0.0005 ILS. From a start-to-finish perspective, comparing the January average rate of 0.0042 to the December average rate of 0.0038, the exchange rate registered a net change of -8.06% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0043 was down 18.14% compared to the 2020 peak of 0.0052, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 21 ILS
2020 Average 23 ILS
Yearly Trough Low 19 ILS
Transaction Impact: A difference of 2.55 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0043
0.0038
JanuMarcMayJulySeptNove

MWK 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 0.0042, compared to 0.0039 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0042
H2 Avg (Jul–Dec) 0.0039

Volatility Range Comparison

Volatility

The most volatile month in 2021 was January, with a trading range of 0.0002 ILS (High: 0.0043 / Low: 0.0041). On the other end, September was the most stable month, with a tight range of 0.0000 ILS (High: 0.0040 / Low: 0.0039).

January Spread (Volatile) ±0.0002
September Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between 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 0.0001 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2021: 0.0042) against the same month in 2020 (average: 0.0049), the exchange rate shifted by -0.0006 (-13.09%).

2021 Avg (March) 0.0042
2020 Avg (March) 0.0049

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0043 0.0041 0.0042
February 0.0043 0.0042 0.0042
March 0.0043 0.0042 0.0042
April 0.0042 0.0041 0.0042
May 0.0041 0.0041 0.0041
June 0.0041 0.0040 0.0041
July 0.0041 0.0040 0.0041
August 0.0040 0.0039 0.0040
September 0.0040 0.0039 0.0039
October 0.0040 0.0039 0.0039
November 0.0039 0.0038 0.0038
December 0.0039 0.0038 0.0038