YEARLY HIGH
0.9472 ILS
YEARLY LOW
0.8704 ILS
YEARLY AVERAGE
0.9159 ILS

2021 PGK to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the PGK to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on March 31, valuing the pair at 0.9472. Conversely, the yearly low was recorded on November 22, dropping to 0.8704.

This high-to-low spread represents a total annual volatility of 0.0768 ILS. From a start-to-finish perspective, comparing the January average rate of 0.9148 to the December average rate of 0.8877, the exchange rate registered a net change of -2.97% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.9472 was down 14.61% compared to the 2020 peak of 1.1092, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,736 ILS
2020 Average 4,960 ILS
Yearly Trough Low 4,352 ILS
Transaction Impact: A difference of 384.12 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.9445
0.8804
JanuMarcMayJulySeptNove

PGK 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 0.9255, compared to 0.9063 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0191 points.

H1 Avg (Jan–Jun) 0.9255
H2 Avg (Jul–Dec) 0.9063

Volatility Range Comparison

Volatility

The most volatile month in 2021 was January, with a trading range of 0.0411 ILS (High: 0.9293 / Low: 0.8882). On the other end, March was the most stable month, with a tight range of 0.0146 ILS (High: 0.9472 / Low: 0.9326).

January Spread (Volatile) ±0.0411
March Spread (Stable) ±0.0146

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 0.0249 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0249

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2021: 0.9391) against the same month in 2020 (average: 1.0472), the exchange rate shifted by -0.1081 (-10.32%).

2021 Avg (March) 0.9391
2020 Avg (March) 1.0472

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9293 0.8882 0.9148
February 0.9377 0.9111 0.9255
March 0.9472 0.9326 0.9391
April 0.9431 0.9170 0.9269
May 0.9358 0.9097 0.9234
June 0.9367 0.9133 0.9231
July 0.9417 0.9173 0.9312
August 0.9253 0.9044 0.9130
September 0.9164 0.9009 0.9099
October 0.9213 0.8935 0.9106
November 0.9052 0.8704 0.8857
December 0.9000 0.8741 0.8877