2023 ALL to ILS Historical Review

YEARLY HIGH

0.0408 ILS

YEARLY LOW

0.0313 ILS

YEARLY AVERAGE

0.0367 ILS

2023 ALL to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ALL to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on October 31, valuing the pair at 0.0408. Conversely, the yearly low was recorded on January 18, dropping to 0.0313.

This high-to-low spread represents a total annual volatility of 0.0095 ILS. From a start-to-finish perspective, comparing the January average rate of 0.0319 to the December average rate of 0.0389, the exchange rate registered a net change of 21.94% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0408 was up 22.53% compared to the 2022 peak of 0.0333, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 204 ILS

2022 Average 149 ILS

Yearly Trough Low 157 ILS

Transaction Impact: A difference of 47.42 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0405

0.0311

JanuMarcMayJulySeptNove

ALL 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 0.0344, compared to 0.0390 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0046 points.

H1 Avg (Jan–Jun) 0.0344

H2 Avg (Jul–Dec) 0.0390

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 0.0030 ILS (High: 0.0408 / Low: 0.0378). On the other end, September was the most stable month, with a tight range of 0.0008 ILS (High: 0.0385 / Low: 0.0377).

October Spread (Volatile) ±0.0030

September Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0007 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.0397) against the same month in 2022 (average: 0.0297), the exchange rate shifted by +0.0100 (+33.66%).

2023 Avg (October) 0.0397

2022 Avg (October) 0.0297

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0330	0.0313	0.0319
February	0.0337	0.0318	0.0328
March	0.0345	0.0330	0.0338
April	0.0363	0.0345	0.0355
May	0.0364	0.0348	0.0359
June	0.0379	0.0358	0.0368
July	0.0404	0.0379	0.0392
August	0.0395	0.0371	0.0387
September	0.0385	0.0377	0.0381
October	0.0408	0.0378	0.0397
November	0.0402	0.0388	0.0396
December	0.0400	0.0383	0.0389