YEARLY HIGH
0.0288 ILS
YEARLY LOW
0.0255 ILS
YEARLY AVERAGE
0.0274 ILS

2021 NPR to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NPR to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on March 28, valuing the pair at 0.0288. Conversely, the yearly low was recorded on December 16, dropping to 0.0255.

This high-to-low spread represents a total annual volatility of 0.0033 ILS. From a start-to-finish perspective, comparing the January average rate of 0.0276 to the December average rate of 0.0260, the exchange rate registered a net change of -5.91% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0288 was down 11.06% compared to the 2020 peak of 0.0324, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 144 ILS
2020 Average 145 ILS
Yearly Trough Low 127 ILS
Transaction Impact: A difference of 16.53 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0288
0.0257
JanuMarcMayJulySeptNove

NPR 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 0.0279, compared to 0.0268 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 0.0279
H2 Avg (Jul–Dec) 0.0268

Volatility Range Comparison

Volatility

The most volatile month in 2021 was January, with a trading range of 0.0014 ILS (High: 0.0281 / Low: 0.0268). On the other end, September was the most stable month, with a tight range of 0.0004 ILS (High: 0.0275 / Low: 0.0271).

January Spread (Volatile) ±0.0014
September Spread (Stable) ±0.0004

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 0.0009 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2021: 0.0285) against the same month in 2020 (average: 0.0302), the exchange rate shifted by -0.0017 (-5.53%).

2021 Avg (March) 0.0285
2020 Avg (March) 0.0302

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0281 0.0268 0.0276
February 0.0286 0.0279 0.0282
March 0.0288 0.0281 0.0285
April 0.0284 0.0271 0.0276
May 0.0280 0.0272 0.0278
June 0.0279 0.0274 0.0276
July 0.0276 0.0271 0.0275
August 0.0275 0.0271 0.0272
September 0.0275 0.0271 0.0272
October 0.0271 0.0263 0.0268
November 0.0267 0.0258 0.0262
December 0.0264 0.0255 0.0260