2022 CVE to ILS Historical Review

YEARLY HIGH

0.0341 ILS

YEARLY LOW

0.0293 ILS

YEARLY AVERAGE

0.0320 ILS

2022 CVE to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the CVE to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.0341. Conversely, the yearly low was recorded on August 27, dropping to 0.0293.

This high-to-low spread represents a total annual volatility of 0.0048 ILS. From a start-to-finish perspective, comparing the January average rate of 0.0321 to the December average rate of 0.0331, the exchange rate registered a net change of 3.19% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0341 was down 6.08% compared to the 2021 peak of 0.0363, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 170 ILS

2021 Average 173 ILS

Yearly Trough Low 146 ILS

Transaction Impact: A difference of 23.95 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0334

0.0298

JanuMarcMayJulySeptNove

CVE 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 0.0323, compared to 0.0316 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0323

H2 Avg (Jul–Dec) 0.0316

Volatility Range Comparison

Volatility

The most volatile month in 2022 was July, with a trading range of 0.0024 ILS (High: 0.0337 / Low: 0.0313). On the other end, April was the most stable month, with a tight range of 0.0007 ILS (High: 0.0322 / Low: 0.0315).

July Spread (Volatile) ±0.0024

April Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between August and December, 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 July and August, when the average rate fell by 0.0021 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0021

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 0.0331) against the same month in 2021 (average: 0.0320), the exchange rate shifted by +0.0012 (+3.60%).

2022 Avg (December) 0.0331

2021 Avg (December) 0.0320

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0325	0.0314	0.0321
February	0.0336	0.0322	0.0329
March	0.0328	0.0319	0.0323
April	0.0322	0.0315	0.0318
May	0.0329	0.0319	0.0323
June	0.0334	0.0321	0.0326
July	0.0337	0.0313	0.0322
August	0.0312	0.0293	0.0301
September	0.0326	0.0304	0.0310
October	0.0318	0.0301	0.0314
November	0.0325	0.0310	0.0320
December	0.0341	0.0319	0.0331