2023 DJF to ILS Historical Review

YEARLY HIGH

0.0229 ILS

YEARLY LOW

0.0189 ILS

YEARLY AVERAGE

0.0207 ILS

2023 DJF to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DJF to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on October 26, valuing the pair at 0.0229. Conversely, the yearly low was recorded on January 24, dropping to 0.0189.

This high-to-low spread represents a total annual volatility of 0.0040 ILS. From a start-to-finish perspective, comparing the January average rate of 0.0194 to the December average rate of 0.0206, the exchange rate registered a net change of 6.18% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0229 was up 13.22% compared to the 2022 peak of 0.0202, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 115 ILS

2022 Average 94 ILS

Yearly Trough Low 95 ILS

Transaction Impact: A difference of 19.90 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0227

0.0191

JanuMarcMayJulySeptNove

DJF 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 0.0202, compared to 0.0212 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.0202

H2 Avg (Jul–Dec) 0.0212

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0019 ILS (High: 0.0225 / Low: 0.0206). On the other end, September was the most stable month, with a tight range of 0.0003 ILS (High: 0.0216 / Low: 0.0213).

November Spread (Volatile) ±0.0019

September Spread (Stable) ±0.0003

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 0.0010 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.0224) against the same month in 2022 (average: 0.0199), the exchange rate shifted by +0.0025 (+12.32%).

2023 Avg (October) 0.0224

2022 Avg (October) 0.0199

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0200	0.0189	0.0194
February	0.0206	0.0190	0.0199
March	0.0207	0.0199	0.0204
April	0.0207	0.0201	0.0205
May	0.0210	0.0204	0.0206
June	0.0211	0.0199	0.0205
July	0.0210	0.0202	0.0206
August	0.0214	0.0204	0.0210
September	0.0216	0.0213	0.0214
October	0.0229	0.0214	0.0224
November	0.0225	0.0206	0.0214
December	0.0209	0.0202	0.0206