YEARLY HIGH
6785.0192 STD
YEARLY LOW
5463.7699 STD
YEARLY AVERAGE
6141.4626 STD

2023 ILS to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ILS to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 24, valuing the pair at 6785.0192. Conversely, the yearly low was recorded on October 26, dropping to 5463.7699.

This high-to-low spread represents a total annual volatility of 1321.2493 STD. From a start-to-finish perspective, comparing the January average rate of 6628.5291 to the December average rate of 6081.9364, the exchange rate registered a net change of -8.25% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 6785.0192 was down 2.12% compared to the 2022 peak of 6931.9900, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 33,925,096 STD
2022 Average 33,022,400 STD
Yearly Trough Low 27,318,849 STD
Transaction Impact: A difference of 6,606,246.71 STD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

6731.1272
5499.9497
JanuMarcMayJulySeptNove

ILS to STD 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 6358.9420, compared to 5923.9833 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 434.9587 points.

H1 Avg (Jan–Jun) 6358.9420
H2 Avg (Jul–Dec) 5923.9833

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 508.7962 STD (High: 6731.6484 / Low: 6222.8522). On the other end, September was the most stable month, with a tight range of 75.5640 STD (High: 5869.8382 / Low: 5794.2741).

February Spread (Volatile) ±508.7962
September Spread (Stable) ±75.5640

Growth Streaks & Declines

Trends

Between October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 256.3931 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -256.3931

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 6628.5291) against the same month in 2022 (average: 6744.5398), the exchange rate shifted by -116.0107 (-1.72%).

2023 Avg (January) 6628.5291
2022 Avg (January) 6744.5398

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 6785.0192 6426.2158 6628.5291
February 6731.6484 6222.8522 6443.1845
March 6439.9962 6218.2662 6313.4735
April 6383.5116 6215.1979 6279.5227
May 6302.0972 6110.9881 6218.9043
June 6421.0272 6085.3102 6270.0379
July 6358.6140 6014.6256 6207.6912
August 6127.4506 5858.1126 5951.2981
September 5869.8382 5794.2741 5838.3328
October 5848.4057 5463.7699 5602.5478
November 6048.8374 5550.8140 5862.0935
December 6187.9279 5983.2975 6081.9364