YEARLY HIGH
0.9543 ILS
YEARLY LOW
0.8217 ILS
YEARLY AVERAGE
0.8943 ILS

2022 SAR to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the SAR to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on October 13, valuing the pair at 0.9543. Conversely, the yearly low was recorded on January 4, dropping to 0.8217.

This high-to-low spread represents a total annual volatility of 0.1327 ILS. From a start-to-finish perspective, comparing the January average rate of 0.8357 to the December average rate of 0.9193, the exchange rate registered a net change of 10.00% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.9543 was up 7.27% compared to the 2021 peak of 0.8897, 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 4,772 ILS
2021 Average 4,308 ILS
Yearly Trough Low 4,108 ILS
Transaction Impact: A difference of 663.43 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.9530
0.8251
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 0.8719, compared to 0.9167 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0448 points.

H1 Avg (Jan–Jun) 0.8719
H2 Avg (Jul–Dec) 0.9167

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 0.0530 ILS (High: 0.9483 / Low: 0.8953). On the other end, October was the most stable month, with a tight range of 0.0248 ILS (High: 0.9543 / Low: 0.9295).

September Spread (Volatile) ±0.0530
October Spread (Stable) ±0.0248

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0458 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0458

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2022: 0.9423) against the same month in 2021 (average: 0.8562), the exchange rate shifted by +0.0861 (+10.06%).

2022 Avg (October) 0.9423
2021 Avg (October) 0.8562

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8537 0.8217 0.8357
February 0.8730 0.8451 0.8571
March 0.8800 0.8477 0.8643
April 0.8910 0.8536 0.8649
May 0.9232 0.8879 0.9007
June 0.9331 0.8844 0.9086
July 0.9412 0.9066 0.9219
August 0.8973 0.8608 0.8761
September 0.9483 0.8953 0.9170
October 0.9543 0.9295 0.9423
November 0.9522 0.9079 0.9238
December 0.9412 0.9024 0.9193