YEARLY HIGH
4.6496 ILS
YEARLY LOW
4.0930 ILS
YEARLY AVERAGE
4.4473 ILS

2021 SHP to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SHP to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on May 11, valuing the pair at 4.6496. Conversely, the yearly low was recorded on December 8, dropping to 4.0930.

This high-to-low spread represents a total annual volatility of 0.5566 ILS. From a start-to-finish perspective, comparing the January average rate of 4.4093 to the December average rate of 4.1699, the exchange rate registered a net change of -5.43% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 4.6496 was down 0.05% compared to the 2020 peak of 4.6518, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 23,248 ILS
2020 Average 22,061 ILS
Yearly Trough Low 20,465 ILS
Transaction Impact: A difference of 2,782.76 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

4.6388
4.1273
JanuMarcMayJulySeptNove

SHP 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 4.5389, compared to 4.3556 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1833 points.

H1 Avg (Jan–Jun) 4.5389
H2 Avg (Jul–Dec) 4.3556

Volatility Range Comparison

Volatility

The most volatile month in 2021 was January, with a trading range of 0.2329 ILS (High: 4.5049 / Low: 4.2721). On the other end, July was the most stable month, with a tight range of 0.0767 ILS (High: 4.5628 / Low: 4.4861).

January Spread (Volatile) ±0.2329
July Spread (Stable) ±0.0767

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 October and November, when the average rate fell by 0.1984 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.1984

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 4.5879) against the same month in 2020 (average: 4.3254), the exchange rate shifted by +0.2626 (+6.07%).

2021 Avg (May) 4.5879
2020 Avg (May) 4.3254

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 4.5049 4.2721 4.4093
February 4.6299 4.4872 4.5426
March 4.6355 4.5205 4.5962
April 4.6123 4.4809 4.5383
May 4.6496 4.4811 4.5879
June 4.6053 4.5044 4.5593
July 4.5628 4.4861 4.5198
August 4.4845 4.4065 4.4479
September 4.4433 4.3219 4.4049
October 4.4404 4.3206 4.3947
November 4.2733 4.1373 4.1964
December 4.2265 4.0930 4.1699