2023 ILS to CDF Historical Review

YEARLY HIGH

770.3907 CDF

YEARLY LOW

556.4499 CDF

YEARLY AVERAGE

633.1280 CDF

2023 ILS to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ILS to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 770.3907. Conversely, the yearly low was recorded on May 14, dropping to 556.4499.

This high-to-low spread represents a total annual volatility of 213.9408 CDF. From a start-to-finish perspective, comparing the January average rate of 595.0054 to the December average rate of 743.1637, the exchange rate registered a net change of 24.90% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 770.3907 was up 18.74% compared to the 2022 peak of 648.7848, 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 3,851,953 CDF

2022 Average 3,010,384 CDF

Yearly Trough Low 2,782,249 CDF

Transaction Impact: A difference of 1,069,704.16 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

760.2757

554.9310

JanuMarcMayJulySeptNove

ILS to CDF 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 594.4008, compared to 671.8551 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 77.4544 points.

H1 Avg (Jan–Jun) 594.4008

H2 Avg (Jul–Dec) 671.8551

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 109.1498 CDF (High: 731.3949 / Low: 622.2451). On the other end, September was the most stable month, with a tight range of 11.8031 CDF (High: 655.3063 / Low: 643.5032).

November Spread (Volatile) ±109.1498

September Spread (Stable) ±11.8031

Growth Streaks & Declines

Trends

Between March and July, 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 September and October, when the average rate fell by 17.7644 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -17.7644

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 743.1637) against the same month in 2022 (average: 591.9431), the exchange rate shifted by +151.2206 (+25.55%).

2023 Avg (December) 743.1637

2022 Avg (December) 591.9431

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	609.7925	575.0752	595.0054
February	607.5301	557.5595	582.2216
March	586.7621	557.1486	572.0431
April	602.2179	557.9311	572.6077
May	631.3858	556.4499	596.1105
June	667.6121	621.2223	648.4164
July	692.2443	649.6284	673.6011
August	682.2654	645.5778	661.3774
September	655.3063	643.5032	650.7900
October	653.6039	616.1693	633.0256
November	731.3949	622.2451	669.1731
December	770.3907	718.2874	743.1637