YEARLY HIGH
0.1669 ILS
YEARLY LOW
0.1453 ILS
YEARLY AVERAGE
0.1594 ILS

2021 MXN to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MXN to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on January 20, valuing the pair at 0.1669. Conversely, the yearly low was recorded on November 27, dropping to 0.1453.

This high-to-low spread represents a total annual volatility of 0.0216 ILS. From a start-to-finish perspective, comparing the January average rate of 0.1619 to the December average rate of 0.1500, the exchange rate registered a net change of -7.34% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.1669 was down 9.83% compared to the 2020 peak of 0.1851, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 MXN based on timing:

Yearly Peak High 8,347 ILS
2020 Average 8,048 ILS
Yearly Trough Low 7,265 ILS
Transaction Impact: A difference of 1,082.21 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.1654
0.1480
JanuMarcMayJulySeptNove

MXN 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 0.1620, compared to 0.1568 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0051 points.

H1 Avg (Jan–Jun) 0.1620
H2 Avg (Jul–Dec) 0.1568

Volatility Range Comparison

Volatility

The most volatile month in 2021 was January, with a trading range of 0.0092 ILS (High: 0.1669 / Low: 0.1578). On the other end, July was the most stable month, with a tight range of 0.0032 ILS (High: 0.1655 / Low: 0.1623).

January Spread (Volatile) ±0.0092
July Spread (Stable) ±0.0032

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2021. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0075 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0075

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.1619) against the same month in 2020 (average: 0.1840), the exchange rate shifted by -0.0222 (-12.04%).

2021 Avg (January) 0.1619
2020 Avg (January) 0.1840

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1669 0.1578 0.1619
February 0.1638 0.1567 0.1613
March 0.1632 0.1553 0.1597
April 0.1647 0.1602 0.1635
May 0.1658 0.1602 0.1632
June 0.1646 0.1586 0.1624
July 0.1655 0.1623 0.1640
August 0.1623 0.1583 0.1606
September 0.1615 0.1564 0.1600
October 0.1590 0.1536 0.1570
November 0.1531 0.1453 0.1495
December 0.1529 0.1468 0.1500