2023 COP to ILS Historical Review

YEARLY HIGH

0.0010 ILS

YEARLY LOW

0.0007 ILS

YEARLY AVERAGE

0.0009 ILS

2023 COP to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the COP to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on October 30, valuing the pair at 0.0010. Conversely, the yearly low was recorded on January 18, dropping to 0.0007.

This high-to-low spread represents a total annual volatility of 0.0003 ILS. From a start-to-finish perspective, comparing the January average rate of 0.0007 to the December average rate of 0.0009, the exchange rate registered a net change of 26.68% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0010 was up 9.72% compared to the 2022 peak of 0.0009, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,941 ILS

2022 Average 3,967 ILS

Yearly Trough Low 3,565 ILS

Transaction Impact: A difference of 1,375.97 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0010

0.0007

JanuMarcMayJulySeptNove

COP 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 0.0008, compared to 0.0009 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0008

H2 Avg (Jul–Dec) 0.0009

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 0.0001 ILS (High: 0.0010 / Low: 0.0009). On the other end, December was the most stable month, with a tight range of 0.0000 ILS (High: 0.0009 / Low: 0.0009).

October Spread (Volatile) ±0.0001

December Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0000 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.0009) against the same month in 2022 (average: 0.0008), the exchange rate shifted by +0.0002 (+25.09%).

2023 Avg (October) 0.0009

2022 Avg (October) 0.0008

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0008	0.0007	0.0007
February	0.0008	0.0007	0.0007
March	0.0008	0.0007	0.0008
April	0.0008	0.0008	0.0008
May	0.0009	0.0008	0.0008
June	0.0009	0.0008	0.0009
July	0.0009	0.0009	0.0009
August	0.0009	0.0009	0.0009
September	0.0010	0.0009	0.0010
October	0.0010	0.0009	0.0009
November	0.0010	0.0009	0.0009
December	0.0009	0.0009	0.0009