YEARLY HIGH
1.0669 GEL
YEARLY LOW
0.9356 GEL
YEARLY AVERAGE
0.9955 GEL

2021 ILS to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ILS to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on May 2, valuing the pair at 1.0669. Conversely, the yearly low was recorded on July 20, dropping to 0.9356.

This high-to-low spread represents a total annual volatility of 0.1313 GEL. From a start-to-finish perspective, comparing the January average rate of 1.0222 to the December average rate of 0.9885, the exchange rate registered a net change of -3.29% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.0669 was up 4.35% compared to the 2020 peak of 1.0224, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,334 GEL
2020 Average 4,532 GEL
Yearly Trough Low 4,678 GEL
Transaction Impact: A difference of 656.66 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.0566
0.9448
JanuMarcMayJulySeptNove

ILS to GEL 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 1.0154, compared to 0.9757 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0396 points.

H1 Avg (Jan–Jun) 1.0154
H2 Avg (Jul–Dec) 0.9757

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.0640 GEL (High: 1.0669 / Low: 1.0028). On the other end, September was the most stable month, with a tight range of 0.0087 GEL (High: 0.9726 / Low: 0.9639).

May Spread (Volatile) ±0.0640
September Spread (Stable) ±0.0087

Growth Streaks & Declines

Trends

Between July and November, 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 May and June, when the average rate fell by 0.0657 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0657

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 1.0351) against the same month in 2020 (average: 0.9106), the exchange rate shifted by +0.1245 (+13.67%).

2021 Avg (May) 1.0351
2020 Avg (May) 0.9106

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.0558 1.0069 1.0222
February 1.0216 1.0038 1.0122
March 1.0220 0.9976 1.0060
April 1.0669 1.0258 1.0473
May 1.0669 1.0028 1.0351
June 1.0060 0.9535 0.9694
July 0.9682 0.9356 0.9541
August 0.9713 0.9530 0.9616
September 0.9726 0.9639 0.9695
October 0.9976 0.9662 0.9757
November 1.0173 0.9716 1.0048
December 1.0025 0.9744 0.9885