2023 AZN to ILS Historical Review

YEARLY HIGH

2.3989 ILS

YEARLY LOW

1.9788 ILS

YEARLY AVERAGE

2.1677 ILS

2023 AZN to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AZN to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on October 26, valuing the pair at 2.3989. Conversely, the yearly low was recorded on January 24, dropping to 1.9788.

This high-to-low spread represents a total annual volatility of 0.4201 ILS. From a start-to-finish perspective, comparing the January average rate of 2.0259 to the December average rate of 2.1554, the exchange rate registered a net change of 6.39% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.3989 was up 13.73% compared to the 2022 peak of 2.1093, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,994 ILS

2022 Average 9,879 ILS

Yearly Trough Low 9,894 ILS

Transaction Impact: A difference of 2,100.65 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.3720

1.9944

JanuMarcMayJulySeptNove

AZN 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 2.1127, compared to 2.2228 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1101 points.

H1 Avg (Jan–Jun) 2.1127

H2 Avg (Jul–Dec) 2.2228

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.1944 ILS (High: 2.3613 / Low: 2.1669). On the other end, September was the most stable month, with a tight range of 0.0291 ILS (High: 2.2621 / Low: 2.2329).

November Spread (Volatile) ±0.1944

September Spread (Stable) ±0.0291

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 0.1038 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.1038

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 2.3405) against the same month in 2022 (average: 2.0833), the exchange rate shifted by +0.2573 (+12.35%).

2023 Avg (October) 2.3405

2022 Avg (October) 2.0833

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.0892	1.9788	2.0259
February	2.1575	1.9944	2.0849
March	2.1591	2.0848	2.1263
April	2.1602	2.1032	2.1382
May	2.1970	2.1304	2.1591
June	2.2063	2.0909	2.1417
July	2.1862	2.1114	2.1563
August	2.2374	2.1391	2.2028
September	2.2621	2.2329	2.2450
October	2.3989	2.2411	2.3405
November	2.3613	2.1669	2.2367
December	2.1906	2.1181	2.1554