2021 SAR to ILS Historical Review

YEARLY HIGH

0.8897 ILS

YEARLY LOW

0.8203 ILS

YEARLY AVERAGE

0.8617 ILS

2021 SAR to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SAR to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on March 8, valuing the pair at 0.8897. Conversely, the yearly low was recorded on November 17, dropping to 0.8203.

This high-to-low spread represents a total annual volatility of 0.0694 ILS. From a start-to-finish perspective, comparing the January average rate of 0.8615 to the December average rate of 0.8349, the exchange rate registered a net change of -3.09% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.8897 was down 13.02% compared to the 2020 peak of 1.0229, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,448 ILS

2020 Average 4,583 ILS

Yearly Trough Low 4,101 ILS

Transaction Impact: A difference of 346.80 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.8895

0.8270

JanuMarcMayJulySeptNove

SAR 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 0.8717, compared to 0.8517 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0200 points.

H1 Avg (Jan–Jun) 0.8717

H2 Avg (Jul–Dec) 0.8517

Volatility Range Comparison

Volatility

The most volatile month in 2021 was January, with a trading range of 0.0405 ILS (High: 0.8751 / Low: 0.8346). On the other end, September was the most stable month, with a tight range of 0.0074 ILS (High: 0.8602 / Low: 0.8528).

January Spread (Volatile) ±0.0405

September Spread (Stable) ±0.0074

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 0.0240 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0240

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2021: 0.8843) against the same month in 2020 (average: 0.9559), the exchange rate shifted by -0.0717 (-7.50%).

2021 Avg (March) 0.8843

2020 Avg (March) 0.9559

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8751	0.8346	0.8615
February	0.8834	0.8637	0.8729
March	0.8897	0.8778	0.8843
April	0.8890	0.8633	0.8746
May	0.8771	0.8646	0.8690
June	0.8743	0.8637	0.8676
July	0.8798	0.8604	0.8722
August	0.8662	0.8543	0.8598
September	0.8602	0.8528	0.8547
October	0.8636	0.8418	0.8562
November	0.8491	0.8203	0.8322
December	0.8445	0.8248	0.8349