YEARLY HIGH
2.1421 DKK
YEARLY LOW
1.8563 DKK
YEARLY AVERAGE
1.9473 DKK

2021 ILS to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ILS to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 22, valuing the pair at 2.1421. Conversely, the yearly low was recorded on February 28, dropping to 1.8563.

This high-to-low spread represents a total annual volatility of 0.2858 DKK. From a start-to-finish perspective, comparing the January average rate of 1.8916 to the December average rate of 2.0995, the exchange rate registered a net change of 10.99% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 2.1421 was up 5.86% compared to the 2020 peak of 2.0235, 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 10,710 DKK
2020 Average 9,504 DKK
Yearly Trough Low 9,282 DKK
Transaction Impact: A difference of 1,428.83 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

2.1217
1.8560
JanuMarcMayJulySeptNove

ILS to DKK 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 1.8880, compared to 2.0066 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1186 points.

H1 Avg (Jan–Jun) 1.8880
H2 Avg (Jul–Dec) 2.0066

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0947 DKK (High: 2.1421 / Low: 2.0474). On the other end, April was the most stable month, with a tight range of 0.0227 DKK (High: 1.9074 / Low: 1.8848).

November Spread (Volatile) ±0.0947
April Spread (Stable) ±0.0227

Growth Streaks & Declines

Trends

Between May and December, 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 April and May, when the average rate fell by 0.0170 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0170

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 2.0893) against the same month in 2020 (average: 1.8716), the exchange rate shifted by +0.2177 (+11.63%).

2021 Avg (November) 2.0893
2020 Avg (November) 1.8716

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.9541 1.8676 1.8916
February 1.8987 1.8563 1.8781
March 1.9076 1.8658 1.8848
April 1.9074 1.8848 1.8955
May 1.9075 1.8614 1.8785
June 1.9246 1.8742 1.8992
July 1.9424 1.9085 1.9222
August 1.9675 1.9424 1.9597
September 1.9915 1.9520 1.9709
October 2.0386 1.9838 1.9977
November 2.1421 2.0474 2.0893
December 2.1246 2.0741 2.0995