YEARLY HIGH
0.5355 AWG
YEARLY LOW
0.4414 AWG
YEARLY AVERAGE
0.4894 AWG

2023 ILS to AWG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ILS to AWG exchange rate experienced significant fluctuation. The market reached its absolute peak on January 23, valuing the pair at 0.5355. Conversely, the yearly low was recorded on October 26, dropping to 0.4414.

This high-to-low spread represents a total annual volatility of 0.0942 AWG. From a start-to-finish perspective, comparing the January average rate of 0.5231 to the December average rate of 0.4916, the exchange rate registered a net change of -6.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.5355 was down 8.19% compared to the 2022 peak of 0.5833, 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 2,678 AWG
2022 Average 2,684 AWG
Yearly Trough Low 2,207 AWG
Transaction Impact: A difference of 470.79 AWG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.5301
0.4458
JanuMarcMayJulySeptNove

ILS to AWG 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 0.5018, compared to 0.4769 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0249 points.

H1 Avg (Jan–Jun) 0.5018
H2 Avg (Jul–Dec) 0.4769

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0403 AWG (High: 0.4893 / Low: 0.4490). On the other end, September was the most stable month, with a tight range of 0.0061 AWG (High: 0.4742 / Low: 0.4681).

November Spread (Volatile) ±0.0403
September Spread (Stable) ±0.0061

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 0.0190 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0190

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.5231) against the same month in 2022 (average: 0.5738), the exchange rate shifted by -0.0507 (-8.84%).

2023 Avg (January) 0.5231
2022 Avg (January) 0.5738

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5355 0.5075 0.5231
February 0.5309 0.4908 0.5084
March 0.5079 0.4908 0.4982
April 0.5041 0.4908 0.4956
May 0.4970 0.4826 0.4908
June 0.5071 0.4806 0.4948
July 0.5022 0.4848 0.4916
August 0.4950 0.4732 0.4811
September 0.4742 0.4681 0.4718
October 0.4731 0.4414 0.4528
November 0.4893 0.4490 0.4727
December 0.5000 0.4834 0.4916