2021 PEN to ILS Historical Review

YEARLY HIGH

0.9161 ILS

YEARLY LOW

0.7594 ILS

YEARLY AVERAGE

0.8352 ILS

2021 PEN to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the PEN to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on April 9, valuing the pair at 0.9161. Conversely, the yearly low was recorded on December 9, dropping to 0.7594.

This high-to-low spread represents a total annual volatility of 0.1566 ILS. From a start-to-finish perspective, comparing the January average rate of 0.8910 to the December average rate of 0.7749, the exchange rate registered a net change of -13.03% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.9161 was down 15.25% compared to the 2020 peak of 1.0809, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,580 ILS

2020 Average 4,927 ILS

Yearly Trough Low 3,797 ILS

Transaction Impact: A difference of 783.08 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.9104

0.7625

JanuMarcMayJulySeptNove

PEN 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 0.8782, compared to 0.7921 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0861 points.

H1 Avg (Jan–Jun) 0.8782

H2 Avg (Jul–Dec) 0.7921

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0661 ILS (High: 0.9161 / Low: 0.8500). On the other end, September was the most stable month, with a tight range of 0.0071 ILS (High: 0.7848 / Low: 0.7776).

April Spread (Volatile) ±0.0661

September Spread (Stable) ±0.0071

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 July and August, when the average rate fell by 0.0403 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0403

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 0.8892) against the same month in 2020 (average: 1.0493), the exchange rate shifted by -0.1602 (-15.26%).

2021 Avg (April) 0.8892

2020 Avg (April) 1.0493

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9055	0.8667	0.8910
February	0.9084	0.8868	0.8981
March	0.9043	0.8850	0.8947
April	0.9161	0.8500	0.8892
May	0.8982	0.8420	0.8648
June	0.8516	0.8147	0.8316
July	0.8459	0.8212	0.8310
August	0.8224	0.7843	0.7907
September	0.7848	0.7776	0.7803
October	0.8220	0.7778	0.7994
November	0.7900	0.7678	0.7767
December	0.7873	0.7594	0.7749