2023 AED to ILS Historical Review

YEARLY HIGH

1.1103 ILS

YEARLY LOW

0.9158 ILS

YEARLY AVERAGE

1.0034 ILS

2023 AED to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AED to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on October 26, valuing the pair at 1.1103. Conversely, the yearly low was recorded on January 24, dropping to 0.9158.

This high-to-low spread represents a total annual volatility of 0.1945 ILS. From a start-to-finish perspective, comparing the January average rate of 0.9377 to the December average rate of 0.9977, the exchange rate registered a net change of 6.40% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.1103 was up 13.73% compared to the 2022 peak of 0.9763, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,551 ILS

2022 Average 4,572 ILS

Yearly Trough Low 4,579 ILS

Transaction Impact: A difference of 972.27 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.0978

0.9231

JanuMarcMayJulySeptNove

AED 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 0.9780, compared to 1.0289 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0509 points.

H1 Avg (Jan–Jun) 0.9780

H2 Avg (Jul–Dec) 1.0289

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0898 ILS (High: 1.0929 / Low: 1.0031). On the other end, September was the most stable month, with a tight range of 0.0135 ILS (High: 1.0469 / Low: 1.0335).

November Spread (Volatile) ±0.0898

September Spread (Stable) ±0.0135

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0478 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0478

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 1.0833) against the same month in 2022 (average: 0.9642), the exchange rate shifted by +0.1191 (+12.35%).

2023 Avg (October) 1.0833

2022 Avg (October) 0.9642

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9670	0.9158	0.9377
February	0.9986	0.9231	0.9650
March	0.9993	0.9649	0.9844
April	1.0000	0.9736	0.9898
May	1.0169	0.9862	0.9995
June	1.0212	0.9678	0.9914
July	1.0119	0.9773	0.9981
August	1.0355	0.9900	1.0195
September	1.0469	1.0335	1.0391
October	1.1103	1.0373	1.0833
November	1.0929	1.0031	1.0355
December	1.0141	0.9804	0.9977