2023 ILS to AED Historical Review

YEARLY HIGH

1.0919 AED

YEARLY LOW

0.9007 AED

YEARLY AVERAGE

0.9981 AED

2023 ILS to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ILS to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on January 24, valuing the pair at 1.0919. Conversely, the yearly low was recorded on October 26, dropping to 0.9007.

This high-to-low spread represents a total annual volatility of 0.1912 AED. From a start-to-finish perspective, comparing the January average rate of 1.0667 to the December average rate of 1.0024, the exchange rate registered a net change of -6.02% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.0919 was down 8.27% compared to the 2022 peak of 1.1903, 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 5,459 AED

2022 Average 5,476 AED

Yearly Trough Low 4,503 AED

Transaction Impact: A difference of 956.16 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.0810

0.9092

JanuMarcMayJulySeptNove

ILS to AED 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 1.0232, compared to 0.9730 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0503 points.

H1 Avg (Jan–Jun) 1.0232

H2 Avg (Jul–Dec) 0.9730

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0819 AED (High: 0.9969 / Low: 0.9150). On the other end, September was the most stable month, with a tight range of 0.0125 AED (High: 0.9676 / Low: 0.9552).

November Spread (Volatile) ±0.0819

September Spread (Stable) ±0.0125

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 September and October, when the average rate fell by 0.0389 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0389

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 1.0667) against the same month in 2022 (average: 1.1713), the exchange rate shifted by -0.1046 (-8.93%).

2023 Avg (January) 1.0667

2022 Avg (January) 1.1713

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0919	1.0342	1.0667
February	1.0833	1.0014	1.0369
March	1.0363	1.0007	1.0159
April	1.0272	1.0000	1.0104
May	1.0140	0.9834	1.0006
June	1.0333	0.9793	1.0090
July	1.0233	0.9883	1.0020
August	1.0101	0.9657	0.9810
September	0.9676	0.9552	0.9624
October	0.9641	0.9007	0.9235
November	0.9969	0.9150	0.9663
December	1.0200	0.9861	1.0024