YEARLY HIGH
0.2407 ILS
YEARLY LOW
0.1936 ILS
YEARLY AVERAGE
0.2192 ILS

2021 SZL to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SZL to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on June 7, valuing the pair at 0.2407. Conversely, the yearly low was recorded on December 16, dropping to 0.1936.

This high-to-low spread represents a total annual volatility of 0.0471 ILS. From a start-to-finish perspective, comparing the January average rate of 0.2141 to the December average rate of 0.1974, the exchange rate registered a net change of -7.83% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.2407 was down 2.93% compared to the 2020 peak of 0.2480, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,203 ILS
2020 Average 1,050 ILS
Yearly Trough Low 968 ILS
Transaction Impact: A difference of 235.54 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.2386
0.1936
JanuMarcMayJulySeptNove

SZL 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 0.2251, compared to 0.2132 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0120 points.

H1 Avg (Jan–Jun) 0.2251
H2 Avg (Jul–Dec) 0.2132

Volatility Range Comparison

Volatility

The most volatile month in 2021 was January, with a trading range of 0.0157 ILS (High: 0.2201 / Low: 0.2044). On the other end, April was the most stable month, with a tight range of 0.0053 ILS (High: 0.2302 / Low: 0.2250).

January Spread (Volatile) ±0.0157
April Spread (Stable) ±0.0053

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0145 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0145

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 0.2349) against the same month in 2020 (average: 0.2018), the exchange rate shifted by +0.0331 (+16.40%).

2021 Avg (June) 0.2349
2020 Avg (June) 0.2018

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2201 0.2044 0.2141
February 0.2246 0.2183 0.2217
March 0.2245 0.2149 0.2214
April 0.2302 0.2250 0.2271
May 0.2361 0.2243 0.2317
June 0.2407 0.2280 0.2349
July 0.2308 0.2187 0.2259
August 0.2235 0.2115 0.2178
September 0.2271 0.2126 0.2205
October 0.2217 0.2078 0.2160
November 0.2077 0.1957 0.2015
December 0.2020 0.1936 0.1974