2022 SGD to ILS Historical Review

YEARLY HIGH

2.6303 ILS

YEARLY LOW

2.2761 ILS

YEARLY AVERAGE

2.4356 ILS

2022 SGD to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the SGD to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 2.6303. Conversely, the yearly low was recorded on January 4, dropping to 2.2761.

This high-to-low spread represents a total annual volatility of 0.3543 ILS. From a start-to-finish perspective, comparing the January average rate of 2.3220 to the December average rate of 2.5563, the exchange rate registered a net change of 10.09% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 2.6303 was up 5.52% compared to the 2021 peak of 2.4927, 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 13,152 ILS

2021 Average 12,026 ILS

Yearly Trough Low 11,380 ILS

Transaction Impact: A difference of 1,771.43 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

2.5797

2.2985

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 2.3961, compared to 2.4751 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0790 points.

H1 Avg (Jan–Jun) 2.3961

H2 Avg (Jul–Dec) 2.4751

Volatility Range Comparison

Volatility

The most volatile month in 2022 was December, with a trading range of 0.1240 ILS (High: 2.6303 / Low: 2.5063). On the other end, October was the most stable month, with a tight range of 0.0534 ILS (High: 2.5161 / Low: 2.4627).

December Spread (Volatile) ±0.1240

October Spread (Stable) ±0.0534

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.1055 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.1055

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 2.5563) against the same month in 2021 (average: 2.2980), the exchange rate shifted by +0.2582 (+11.24%).

2022 Avg (December) 2.5563

2021 Avg (December) 2.2980

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.3678	2.2761	2.3220
February	2.4216	2.3508	2.3866
March	2.4185	2.3512	2.3865
April	2.4159	2.3480	2.3749
May	2.4887	2.4141	2.4449
June	2.5182	2.4089	2.4618
July	2.5295	2.4576	2.4824
August	2.4409	2.3331	2.3770
September	2.4901	2.4032	2.4399
October	2.5161	2.4627	2.4876
November	2.5380	2.4819	2.5073
December	2.6303	2.5063	2.5563