YEARLY HIGH
0.9310 ILS
YEARLY LOW
0.7764 ILS
YEARLY AVERAGE
0.8763 ILS

2022 PEN to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the PEN to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on June 16, valuing the pair at 0.9310. Conversely, the yearly low was recorded on January 4, dropping to 0.7764.

This high-to-low spread represents a total annual volatility of 0.1546 ILS. From a start-to-finish perspective, comparing the January average rate of 0.8057 to the December average rate of 0.9035, the exchange rate registered a net change of 12.14% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.9310 was up 1.63% compared to the 2021 peak of 0.9161, 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 4,655 ILS
2021 Average 4,174 ILS
Yearly Trough Low 3,882 ILS
Transaction Impact: A difference of 773.24 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.9205
0.7953
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 0.8666, compared to 0.8860 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0194 points.

H1 Avg (Jan–Jun) 0.8666
H2 Avg (Jul–Dec) 0.8860

Volatility Range Comparison

Volatility

The most volatile month in 2022 was January, with a trading range of 0.0581 ILS (High: 0.8344 / Low: 0.7764). On the other end, April was the most stable month, with a tight range of 0.0244 ILS (High: 0.8828 / Low: 0.8583).

January Spread (Volatile) ±0.0581
April Spread (Stable) ±0.0244

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0390 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0390

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2022: 0.9101) against the same month in 2021 (average: 0.8316), the exchange rate shifted by +0.0785 (+9.44%).

2022 Avg (June) 0.9101
2021 Avg (June) 0.8316

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8344 0.7764 0.8057
February 0.8773 0.8194 0.8483
March 0.8862 0.8501 0.8671
April 0.8828 0.8583 0.8680
May 0.9137 0.8696 0.9001
June 0.9310 0.8866 0.9101
July 0.9227 0.8663 0.8887
August 0.8711 0.8322 0.8498
September 0.9005 0.8691 0.8867
October 0.9033 0.8783 0.8909
November 0.9103 0.8856 0.8963
December 0.9279 0.8843 0.9035