2023 CDF to ILS Historical Review

YEARLY HIGH

0.0018 ILS

YEARLY LOW

0.0013 ILS

YEARLY AVERAGE

0.0016 ILS

2023 CDF to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CDF to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on May 14, valuing the pair at 0.0018. Conversely, the yearly low was recorded on December 21, dropping to 0.0013.

This high-to-low spread represents a total annual volatility of 0.0005 ILS. From a start-to-finish perspective, comparing the January average rate of 0.0017 to the December average rate of 0.0013, the exchange rate registered a net change of -19.93% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0018 was up 1.75% compared to the 2022 peak of 0.0018, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 9 ILS

2022 Average 8 ILS

Yearly Trough Low 6 ILS

Transaction Impact: A difference of 2.50 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0018

0.0013

JanuMarcMayJulySeptNove

CDF 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 0.0017, compared to 0.0015 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0017

H2 Avg (Jul–Dec) 0.0015

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0002 ILS (High: 0.0016 / Low: 0.0014). On the other end, September was the most stable month, with a tight range of 0.0000 ILS (High: 0.0016 / Low: 0.0015).

November Spread (Volatile) ±0.0002

September Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0002 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2023: 0.0017) against the same month in 2022 (average: 0.0017), the exchange rate shifted by +0.0000 (+0.09%).

2023 Avg (May) 0.0017

2022 Avg (May) 0.0017

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0017	0.0016	0.0017
February	0.0018	0.0016	0.0017
March	0.0018	0.0017	0.0017
April	0.0018	0.0017	0.0017
May	0.0018	0.0016	0.0017
June	0.0016	0.0015	0.0015
July	0.0015	0.0014	0.0015
August	0.0015	0.0015	0.0015
September	0.0016	0.0015	0.0015
October	0.0016	0.0015	0.0016
November	0.0016	0.0014	0.0015
December	0.0014	0.0013	0.0013