2023 HUF to ILS Historical Review

YEARLY HIGH

0.0114 ILS

YEARLY LOW

0.0092 ILS

YEARLY AVERAGE

0.0104 ILS

2023 HUF to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HUF to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on October 23, valuing the pair at 0.0114. Conversely, the yearly low was recorded on January 18, dropping to 0.0092.

This high-to-low spread represents a total annual volatility of 0.0021 ILS. From a start-to-finish perspective, comparing the January average rate of 0.0094 to the December average rate of 0.0105, the exchange rate registered a net change of 11.40% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0114 was up 9.26% compared to the 2022 peak of 0.0104, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 HUF based on timing:

Yearly Peak High 11,359 ILS

2022 Average 9,063 ILS

Yearly Trough Low 9,235 ILS

Transaction Impact: A difference of 2,123.82 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0111

0.0093

JanuMarcMayJulySeptNove

HUF 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 0.0102, compared to 0.0107 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) 0.0102

H2 Avg (Jul–Dec) 0.0107

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 0.0010 ILS (High: 0.0114 / Low: 0.0103). On the other end, December was the most stable month, with a tight range of 0.0003 ILS (High: 0.0107 / Low: 0.0103).

October Spread (Volatile) ±0.0010

December 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 November and December, when the average rate fell by 0.0004 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.0109) against the same month in 2022 (average: 0.0083), the exchange rate shifted by +0.0026 (+30.67%).

2023 Avg (October) 0.0109

2022 Avg (October) 0.0083

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0096	0.0092	0.0094
February	0.0103	0.0094	0.0099
March	0.0103	0.0097	0.0101
April	0.0108	0.0102	0.0106
May	0.0108	0.0105	0.0107
June	0.0109	0.0104	0.0107
July	0.0109	0.0104	0.0107
August	0.0109	0.0103	0.0106
September	0.0108	0.0103	0.0105
October	0.0114	0.0103	0.0109
November	0.0111	0.0107	0.0109
December	0.0107	0.0103	0.0105