YEARLY HIGH
0.0460 ILS
YEARLY LOW
0.0407 ILS
YEARLY AVERAGE
0.0438 ILS

2021 BTN to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BTN to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on March 28, valuing the pair at 0.0460. Conversely, the yearly low was recorded on December 16, dropping to 0.0407.

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 0.0442 to the December average rate of 0.0416, the exchange rate registered a net change of -5.88% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0460 was down 11.06% compared to the 2020 peak of 0.0518, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 230 ILS
2020 Average 232 ILS
Yearly Trough Low 204 ILS
Transaction Impact: A difference of 26.45 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0460
0.0412
JanuMarcMayJulySeptNove

BTN 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 0.0446, compared to 0.0429 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0017 points.

H1 Avg (Jan–Jun) 0.0446
H2 Avg (Jul–Dec) 0.0429

Volatility Range Comparison

Volatility

The most volatile month in 2021 was January, with a trading range of 0.0022 ILS (High: 0.0450 / Low: 0.0428). On the other end, September was the most stable month, with a tight range of 0.0006 ILS (High: 0.0439 / Low: 0.0434).

January Spread (Volatile) ±0.0022
September Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0015 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0015

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2021: 0.0456) against the same month in 2020 (average: 0.0483), the exchange rate shifted by -0.0027 (-5.54%).

2021 Avg (March) 0.0456
2020 Avg (March) 0.0483

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0450 0.0428 0.0442
February 0.0458 0.0446 0.0451
March 0.0460 0.0449 0.0456
April 0.0455 0.0433 0.0441
May 0.0449 0.0436 0.0445
June 0.0446 0.0438 0.0442
July 0.0442 0.0434 0.0439
August 0.0440 0.0433 0.0435
September 0.0439 0.0434 0.0436
October 0.0434 0.0422 0.0429
November 0.0428 0.0413 0.0419
December 0.0423 0.0407 0.0416