2023 ARS to ILS Historical Review

YEARLY HIGH

0.0199 ILS

YEARLY LOW

0.0044 ILS

YEARLY AVERAGE

0.0140 ILS

2023 ARS to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ARS to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0199. Conversely, the yearly low was recorded on December 31, dropping to 0.0044.

This high-to-low spread represents a total annual volatility of 0.0155 ILS. From a start-to-finish perspective, comparing the January average rate of 0.0189 to the December average rate of 0.0067, the exchange rate registered a net change of -64.42% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0199 was down 35.05% compared to the 2022 peak of 0.0307, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 100 ILS

2022 Average 131 ILS

Yearly Trough Low 22 ILS

Transaction Impact: A difference of 77.42 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0201

0.0055

JanuMarcMayJulySeptNove

ARS 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 0.0171, compared to 0.0109 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0062 points.

H1 Avg (Jan–Jun) 0.0171

H2 Avg (Jul–Dec) 0.0109

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.0059 ILS (High: 0.0103 / Low: 0.0044). On the other end, September was the most stable month, with a tight range of 0.0001 ILS (High: 0.0110 / Low: 0.0109).

December Spread (Volatile) ±0.0059

September Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0040 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0040

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0189) against the same month in 2022 (average: 0.0302), the exchange rate shifted by -0.0113 (-37.30%).

2023 Avg (January) 0.0189

2022 Avg (January) 0.0302

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0199	0.0182	0.0189
February	0.0188	0.0181	0.0185
March	0.0185	0.0171	0.0179
April	0.0173	0.0164	0.0169
May	0.0164	0.0155	0.0159
June	0.0156	0.0143	0.0147
July	0.0146	0.0133	0.0138
August	0.0133	0.0107	0.0118
September	0.0110	0.0109	0.0109
October	0.0117	0.0108	0.0114
November	0.0115	0.0102	0.0108
December	0.0103	0.0044	0.0067