YEARLY HIGH
1.3168 PEN
YEARLY LOW
1.0916 PEN
YEARLY AVERAGE
1.2015 PEN

2021 ILS to PEN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ILS to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 9, valuing the pair at 1.3168. Conversely, the yearly low was recorded on April 9, dropping to 1.0916.

This high-to-low spread represents a total annual volatility of 0.2251 PEN. From a start-to-finish perspective, comparing the January average rate of 1.1226 to the December average rate of 1.2907, the exchange rate registered a net change of 14.98% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.3168 was up 16.89% compared to the 2020 peak of 1.1265, 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 6,584 PEN
2020 Average 5,086 PEN
Yearly Trough Low 5,458 PEN
Transaction Impact: A difference of 1,125.61 PEN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.3084
1.0958
JanuMarcMayJulySeptNove

ILS to PEN 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 1.1398, compared to 1.2633 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1235 points.

H1 Avg (Jan–Jun) 1.1398
H2 Avg (Jul–Dec) 1.2633

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0849 PEN (High: 1.1765 / Low: 1.0916). On the other end, September was the most stable month, with a tight range of 0.0117 PEN (High: 1.2859 / Low: 1.2743).

April Spread (Volatile) ±0.0849
September Spread (Stable) ±0.0117

Growth Streaks & Declines

Trends

Between February and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0302 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0302

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 1.2907) against the same month in 2020 (average: 1.1096), the exchange rate shifted by +0.1811 (+16.33%).

2021 Avg (December) 1.2907
2020 Avg (December) 1.1096

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.1538 1.1043 1.1226
February 1.1277 1.1009 1.1135
March 1.1299 1.1058 1.1177
April 1.1765 1.0916 1.1252
May 1.1876 1.1133 1.1568
June 1.2274 1.1742 1.2028
July 1.2178 1.1822 1.2035
August 1.2750 1.2160 1.2648
September 1.2859 1.2743 1.2816
October 1.2857 1.2166 1.2514
November 1.3025 1.2658 1.2877
December 1.3168 1.2702 1.2907