YEARLY HIGH
0.0065 ILS
YEARLY LOW
0.0012 ILS
YEARLY AVERAGE
0.0033 ILS

2021 SYP to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SYP to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on March 8, valuing the pair at 0.0065. Conversely, the yearly low was recorded on November 22, dropping to 0.0012.

This high-to-low spread represents a total annual volatility of 0.0053 ILS. From a start-to-finish perspective, comparing the January average rate of 0.0063 to the December average rate of 0.0012, the exchange rate registered a net change of -80.21% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0065 was down 12.66% compared to the 2020 peak of 0.0075, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 33 ILS
2020 Average 34 ILS
Yearly Trough Low 6 ILS
Transaction Impact: A difference of 26.41 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0069
0.0007
JanuMarcMayJulySeptNove

SYP 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 0.0043, compared to 0.0022 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0020 points.

H1 Avg (Jan–Jun) 0.0043
H2 Avg (Jul–Dec) 0.0022

Volatility Range Comparison

Volatility

The most volatile month in 2021 was March, with a trading range of 0.0039 ILS (High: 0.0065 / Low: 0.0026). On the other end, September was the most stable month, with a tight range of 0.0000 ILS (High: 0.0026 / Low: 0.0025).

March Spread (Volatile) ±0.0039
September Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2021. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0027 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0027

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2021: 0.0053) against the same month in 2020 (average: 0.0070), the exchange rate shifted by -0.0017 (-23.90%).

2021 Avg (March) 0.0053
2020 Avg (March) 0.0070

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0064 0.0061 0.0063
February 0.0065 0.0063 0.0064
March 0.0065 0.0026 0.0053
April 0.0027 0.0026 0.0026
May 0.0026 0.0026 0.0026
June 0.0026 0.0026 0.0026
July 0.0026 0.0026 0.0026
August 0.0026 0.0025 0.0026
September 0.0026 0.0025 0.0025
October 0.0026 0.0025 0.0026
November 0.0025 0.0012 0.0020
December 0.0013 0.0012 0.0012