2023 HTG to ILS Historical Review

YEARLY HIGH

0.0305 ILS

YEARLY LOW

0.0226 ILS

YEARLY AVERAGE

0.0261 ILS

2023 HTG to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HTG to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on October 26, valuing the pair at 0.0305. Conversely, the yearly low was recorded on January 24, dropping to 0.0226.

This high-to-low spread represents a total annual volatility of 0.0080 ILS. From a start-to-finish perspective, comparing the January average rate of 0.0232 to the December average rate of 0.0277, the exchange rate registered a net change of 19.43% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0305 was down 4.81% compared to the 2022 peak of 0.0321, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 153 ILS

2022 Average 144 ILS

Yearly Trough Low 113 ILS

Transaction Impact: A difference of 39.83 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0304

0.0226

JanuMarcMayJulySeptNove

HTG 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 0.0242, compared to 0.0281 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0039 points.

H1 Avg (Jan–Jun) 0.0242

H2 Avg (Jul–Dec) 0.0281

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0031 ILS (High: 0.0267 / Low: 0.0236). On the other end, September was the most stable month, with a tight range of 0.0005 ILS (High: 0.0285 / Low: 0.0280).

May Spread (Volatile) ±0.0031

September Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between April and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 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 6 Mo.

Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.0297) against the same month in 2022 (average: 0.0285), the exchange rate shifted by +0.0012 (+4.30%).

2023 Avg (October) 0.0297

2022 Avg (October) 0.0285

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0241	0.0226	0.0232
February	0.0246	0.0226	0.0236
March	0.0243	0.0229	0.0235
April	0.0239	0.0231	0.0234
May	0.0267	0.0236	0.0253
June	0.0269	0.0255	0.0261
July	0.0271	0.0260	0.0266
August	0.0281	0.0266	0.0275
September	0.0285	0.0280	0.0282
October	0.0305	0.0281	0.0297
November	0.0303	0.0278	0.0287
December	0.0281	0.0273	0.0277