2021 SGD to ILS Historical Review

YEARLY HIGH

2.4927 ILS

YEARLY LOW

2.2630 ILS

YEARLY AVERAGE

2.4056 ILS

2021 SGD to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SGD to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on February 28, valuing the pair at 2.4927. Conversely, the yearly low was recorded on November 22, dropping to 2.2630.

This high-to-low spread represents a total annual volatility of 0.2297 ILS. From a start-to-finish perspective, comparing the January average rate of 2.4370 to the December average rate of 2.2980, the exchange rate registered a net change of -5.70% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 2.4927 was down 7.17% compared to the 2020 peak of 2.6853, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 12,464 ILS

2020 Average 12,467 ILS

Yearly Trough Low 11,315 ILS

Transaction Impact: A difference of 1,148.36 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

2.4872

2.2808

JanuMarcMayJulySeptNove

SGD 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 2.4534, compared to 2.3579 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0955 points.

H1 Avg (Jan–Jun) 2.4534

H2 Avg (Jul–Dec) 2.3579

Volatility Range Comparison

Volatility

The most volatile month in 2021 was January, with a trading range of 0.1129 ILS (High: 2.4743 / Low: 2.3615). On the other end, August was the most stable month, with a tight range of 0.0211 ILS (High: 2.3930 / Low: 2.3719).

January Spread (Volatile) ±0.1129

August Spread (Stable) ±0.0211

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 0.0772 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0772

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 2.4659) against the same month in 2020 (average: 2.4719), the exchange rate shifted by -0.0061 (-0.25%).

2021 Avg (February) 2.4659

2020 Avg (February) 2.4719

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.4743	2.3615	2.4370
February	2.4927	2.4379	2.4659
March	2.4889	2.4451	2.4700
April	2.4786	2.4367	2.4567
May	2.4798	2.4369	2.4519
June	2.4570	2.4154	2.4390
July	2.4317	2.3826	2.4149
August	2.3930	2.3719	2.3799
September	2.3925	2.3636	2.3786
October	2.3921	2.3399	2.3765
November	2.3268	2.2630	2.2994
December	2.3241	2.2683	2.2980