2021 NOK to ILS Historical Review

YEARLY HIGH

0.3984 ILS

YEARLY LOW

0.3443 ILS

YEARLY AVERAGE

0.3762 ILS

2021 NOK to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NOK to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on May 16, valuing the pair at 0.3984. Conversely, the yearly low was recorded on December 13, dropping to 0.3443.

This high-to-low spread represents a total annual volatility of 0.0542 ILS. From a start-to-finish perspective, comparing the January average rate of 0.3792 to the December average rate of 0.3492, the exchange rate registered a net change of -7.91% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.3984 was up 0.86% compared to the 2020 peak of 0.3950, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,992 ILS

2020 Average 1,830 ILS

Yearly Trough Low 1,721 ILS

Transaction Impact: A difference of 270.79 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.3966

0.3449

JanuMarcMayJulySeptNove

NOK 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 0.3870, compared to 0.3653 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0217 points.

H1 Avg (Jan–Jun) 0.3870

H2 Avg (Jul–Dec) 0.3653

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0244 ILS (High: 0.3701 / Low: 0.3457). On the other end, September was the most stable month, with a tight range of 0.0071 ILS (High: 0.3741 / Low: 0.3670).

November Spread (Volatile) ±0.0244

September Spread (Stable) ±0.0071

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0231 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0231

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 0.3923) against the same month in 2020 (average: 0.3487), the exchange rate shifted by +0.0436 (+12.51%).

2021 Avg (May) 0.3923

2020 Avg (May) 0.3487

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3892	0.3697	0.3792
February	0.3899	0.3812	0.3849
March	0.3950	0.3803	0.3890
April	0.3977	0.3871	0.3907
May	0.3984	0.3878	0.3923
June	0.3928	0.3780	0.3859
July	0.3810	0.3656	0.3730
August	0.3709	0.3585	0.3642
September	0.3741	0.3670	0.3701
October	0.3863	0.3729	0.3793
November	0.3701	0.3457	0.3563
December	0.3570	0.3443	0.3492