2023 ILS to AZN Historical Review

YEARLY HIGH

0.5054 AZN

YEARLY LOW

0.4169 AZN

YEARLY AVERAGE

0.4620 AZN

2023 ILS to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ILS to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 24, valuing the pair at 0.5054. Conversely, the yearly low was recorded on October 26, dropping to 0.4169.

This high-to-low spread represents a total annual volatility of 0.0885 AZN. From a start-to-finish perspective, comparing the January average rate of 0.4937 to the December average rate of 0.4640, 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 0.5054 was down 8.27% compared to the 2022 peak of 0.5509, 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 2,527 AZN

2022 Average 2,534 AZN

Yearly Trough Low 2,084 AZN

Transaction Impact: A difference of 442.54 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.5003

0.4208

JanuMarcMayJulySeptNove

ILS to AZN 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 0.4737, compared to 0.4504 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0233 points.

H1 Avg (Jan–Jun) 0.4737

H2 Avg (Jul–Dec) 0.4504

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0380 AZN (High: 0.4615 / Low: 0.4235). On the other end, September was the most stable month, with a tight range of 0.0058 AZN (High: 0.4478 / Low: 0.4421).

November Spread (Volatile) ±0.0380

September Spread (Stable) ±0.0058

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 0.0180 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0180

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.4937) against the same month in 2022 (average: 0.5421), the exchange rate shifted by -0.0484 (-8.92%).

2023 Avg (January) 0.4937

2022 Avg (January) 0.5421

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5054	0.4786	0.4937
February	0.5014	0.4635	0.4799
March	0.4797	0.4632	0.4703
April	0.4755	0.4629	0.4677
May	0.4694	0.4552	0.4632
June	0.4783	0.4533	0.4671
July	0.4736	0.4574	0.4638
August	0.4675	0.4469	0.4541
September	0.4478	0.4421	0.4454
October	0.4462	0.4169	0.4274
November	0.4615	0.4235	0.4473
December	0.4721	0.4565	0.4640