YEARLY HIGH
0.3956 ILS
YEARLY LOW
0.3409 ILS
YEARLY AVERAGE
0.3770 ILS

2021 SEK to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SEK to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on January 21, valuing the pair at 0.3956. Conversely, the yearly low was recorded on December 18, dropping to 0.3409.

This high-to-low spread represents a total annual volatility of 0.0547 ILS. From a start-to-finish perspective, comparing the January average rate of 0.3894 to the December average rate of 0.3445, the exchange rate registered a net change of -11.52% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.3956 was up 0.24% compared to the 2020 peak of 0.3947, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,978 ILS
2020 Average 1,872 ILS
Yearly Trough Low 1,704 ILS
Transaction Impact: A difference of 273.72 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.3974
0.3397
JanuMarcMayJulySeptNove

SEK 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 0.3889, compared to 0.3650 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0239 points.

H1 Avg (Jan–Jun) 0.3889
H2 Avg (Jul–Dec) 0.3650

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0226 ILS (High: 0.3660 / Low: 0.3434). On the other end, February was the most stable month, with a tight range of 0.0063 ILS (High: 0.3955 / Low: 0.3892).

November Spread (Volatile) ±0.0226
February Spread (Stable) ±0.0063

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2021. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0176 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0176

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.3894) against the same month in 2020 (average: 0.3641), the exchange rate shifted by +0.0252 (+6.93%).

2021 Avg (January) 0.3894
2020 Avg (January) 0.3641

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3956 0.3752 0.3894
February 0.3955 0.3892 0.3926
March 0.3933 0.3819 0.3884
April 0.3900 0.3805 0.3858
May 0.3953 0.3831 0.3904
June 0.3931 0.3808 0.3870
July 0.3833 0.3754 0.3793
August 0.3753 0.3676 0.3715
September 0.3745 0.3657 0.3710
October 0.3742 0.3672 0.3707
November 0.3660 0.3434 0.3531
December 0.3500 0.3409 0.3445