2023 CRC to ILS Historical Review

YEARLY HIGH

0.0077 ILS

YEARLY LOW

0.0059 ILS

YEARLY AVERAGE

0.0068 ILS

2023 CRC to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CRC to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on October 26, valuing the pair at 0.0077. Conversely, the yearly low was recorded on January 11, dropping to 0.0059.

This high-to-low spread represents a total annual volatility of 0.0018 ILS. From a start-to-finish perspective, comparing the January average rate of 0.0060 to the December average rate of 0.0070, the exchange rate registered a net change of 16.40% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0077 was up 26.14% compared to the 2022 peak of 0.0061, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 38 ILS

2022 Average 26 ILS

Yearly Trough Low 29 ILS

Transaction Impact: A difference of 9.07 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0076

0.0058

JanuMarcMayJulySeptNove

CRC 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 0.0065, compared to 0.0071 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0065

H2 Avg (Jul–Dec) 0.0071

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0006 ILS (High: 0.0076 / Low: 0.0070). On the other end, December was the most stable month, with a tight range of 0.0001 ILS (High: 0.0071 / Low: 0.0069).

November Spread (Volatile) ±0.0006

December Spread (Stable) ±0.0001

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 0.0003 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.0075) against the same month in 2022 (average: 0.0057), the exchange rate shifted by +0.0018 (+31.74%).

2023 Avg (October) 0.0075

2022 Avg (October) 0.0057

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0063	0.0059	0.0060
February	0.0066	0.0060	0.0063
March	0.0068	0.0064	0.0066
April	0.0069	0.0066	0.0068
May	0.0069	0.0067	0.0068
June	0.0070	0.0066	0.0067
July	0.0069	0.0066	0.0068
August	0.0071	0.0067	0.0070
September	0.0072	0.0070	0.0071
October	0.0077	0.0071	0.0075
November	0.0076	0.0070	0.0072
December	0.0071	0.0069	0.0070