2023 ILS to AFN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 ILS to AFN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the ILS to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 24, valuing the pair at 26.5820. Conversely, the yearly low was recorded on October 30, dropping to 18.1436.
This high-to-low spread represents a total annual volatility of 8.4384 AFN. From a start-to-finish perspective, comparing the January average rate of 25.8068 to the December average rate of 19.0940, the exchange rate registered a net change of -26.01% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 26.5820 was down 21.80% compared to the 2022 peak of 33.9911, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 ILS based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
ILS to AFN Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 24.4742, compared to 20.5818 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.8923 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was February, with a trading range of 2.5375 AFN (High: 26.4796 / Low: 23.9421). On the other end, December was the most stable month, with a tight range of 1.0013 AFN (High: 19.6537 / Low: 18.6524).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 2.1252 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2023: 25.8068) against the same month in 2022 (average: 33.3416), the exchange rate shifted by -7.5348 (-22.60%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 26.5820 | 24.8633 | 25.8068 |
| February | 26.4796 | 23.9421 | 25.3127 |
| March | 24.7456 | 23.7334 | 24.2334 |
| April | 25.0918 | 23.3723 | 23.8356 |
| May | 24.3745 | 23.3506 | 23.8373 |
| June | 24.5962 | 23.2746 | 23.8192 |
| July | 24.2937 | 22.9904 | 23.6317 |
| August | 23.8238 | 21.3715 | 22.5518 |
| September | 21.4598 | 19.1680 | 20.4266 |
| October | 20.4077 | 18.1436 | 18.9965 |
| November | 19.3656 | 18.2897 | 18.7904 |
| December | 19.6537 | 18.6524 | 19.0940 |