YEARLY HIGH
1.0689 ILS
YEARLY LOW
0.9373 ILS
YEARLY AVERAGE
1.0054 ILS

2021 GEL to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the GEL to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on July 20, valuing the pair at 1.0689. Conversely, the yearly low was recorded on May 2, dropping to 0.9373.

This high-to-low spread represents a total annual volatility of 0.1316 ILS. From a start-to-finish perspective, comparing the January average rate of 0.9785 to the December average rate of 1.0117, the exchange rate registered a net change of 3.39% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.0689 was down 20.75% compared to the 2020 peak of 1.3487, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,344 ILS
2020 Average 5,541 ILS
Yearly Trough Low 4,687 ILS
Transaction Impact: A difference of 657.88 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.0575
0.9457
JanuMarcMayJulySeptNove

GEL 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 0.9856, compared to 1.0253 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0397 points.

H1 Avg (Jan–Jun) 0.9856
H2 Avg (Jul–Dec) 1.0253

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.0599 ILS (High: 0.9972 / Low: 0.9373). On the other end, September was the most stable month, with a tight range of 0.0093 ILS (High: 1.0374 / Low: 1.0282).

May Spread (Volatile) ±0.0599
September Spread (Stable) ±0.0093

Growth Streaks & Declines

Trends

Between April and July, 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 March and April, when the average rate fell by 0.0391 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0391

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2021: 1.0481) against the same month in 2020 (average: 1.1169), the exchange rate shifted by -0.0688 (-6.16%).

2021 Avg (July) 1.0481
2020 Avg (July) 1.1169

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9932 0.9471 0.9785
February 0.9962 0.9789 0.9880
March 1.0024 0.9784 0.9941
April 0.9748 0.9373 0.9550
May 0.9972 0.9373 0.9664
June 1.0488 0.9941 1.0317
July 1.0689 1.0328 1.0481
August 1.0494 1.0295 1.0399
September 1.0374 1.0282 1.0315
October 1.0350 1.0024 1.0250
November 1.0292 0.9830 0.9954
December 1.0263 0.9975 1.0117