2023 CNY to ILS Historical Review

YEARLY HIGH

0.5657 ILS

YEARLY LOW

0.4958 ILS

YEARLY AVERAGE

0.5210 ILS

2023 CNY to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CNY to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on October 29, valuing the pair at 0.5657. Conversely, the yearly low was recorded on January 24, dropping to 0.4958.

This high-to-low spread represents a total annual volatility of 0.0699 ILS. From a start-to-finish perspective, comparing the January average rate of 0.5071 to the December average rate of 0.5147, the exchange rate registered a net change of 1.51% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.5657 was up 7.34% compared to the 2022 peak of 0.5270, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 CNY based on timing:

Yearly Peak High 14,143 ILS

2022 Average 12,483 ILS

Yearly Trough Low 12,395 ILS

Transaction Impact: A difference of 1,747.30 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.5509

0.5031

JanuMarcMayJulySeptNove

CNY 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 0.5186, compared to 0.5234 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0048 points.

H1 Avg (Jan–Jun) 0.5186

H2 Avg (Jul–Dec) 0.5234

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 0.0376 ILS (High: 0.5657 / Low: 0.5281). On the other end, September was the most stable month, with a tight range of 0.0106 ILS (High: 0.5310 / Low: 0.5204).

October Spread (Volatile) ±0.0376

September Spread (Stable) ±0.0106

Growth Streaks & Declines

Trends

Between June and October, 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 0.0191 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0191

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.5469) against the same month in 2022 (average: 0.4926), the exchange rate shifted by +0.0543 (+11.03%).

2023 Avg (October) 0.5469

2022 Avg (October) 0.4926

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5160	0.4958	0.5071
February	0.5289	0.5036	0.5178
March	0.5331	0.5125	0.5245
April	0.5344	0.5197	0.5278
May	0.5295	0.5179	0.5252
June	0.5294	0.4967	0.5090
July	0.5208	0.4967	0.5101
August	0.5268	0.5066	0.5172
September	0.5310	0.5204	0.5233
October	0.5657	0.5281	0.5469
November	0.5486	0.5154	0.5278
December	0.5256	0.5057	0.5147