YEARLY HIGH
0.2742 CHF
YEARLY LOW
0.2193 CHF
YEARLY AVERAGE
0.2443 CHF

2023 ILS to CHF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ILS to CHF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 24, valuing the pair at 0.2742. Conversely, the yearly low was recorded on October 23, dropping to 0.2193.

This high-to-low spread represents a total annual volatility of 0.0549 CHF. From a start-to-finish perspective, comparing the January average rate of 0.2683 to the December average rate of 0.2358, the exchange rate registered a net change of -12.14% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2742 was down 7.77% compared to the 2022 peak of 0.2973, 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 1,371 CHF
2022 Average 1,422 CHF
Yearly Trough Low 1,096 CHF
Transaction Impact: A difference of 274.57 CHF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2725
0.2231
JanuMarcMayJulySeptNove

ILS to CHF 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 0.2542, compared to 0.2344 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0198 points.

H1 Avg (Jan–Jun) 0.2542
H2 Avg (Jul–Dec) 0.2344

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 0.0210 CHF (High: 0.2403 / Low: 0.2193). On the other end, December was the most stable month, with a tight range of 0.0052 CHF (High: 0.2378 / Low: 0.2326).

October Spread (Volatile) ±0.0210
December Spread (Stable) ±0.0052

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 June and July, when the average rate fell by 0.0088 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0088

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.2683) against the same month in 2022 (average: 0.2930), the exchange rate shifted by -0.0246 (-8.40%).

2023 Avg (January) 0.2683
2022 Avg (January) 0.2930

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2742 0.2625 0.2683
February 0.2711 0.2551 0.2616
March 0.2620 0.2517 0.2559
April 0.2549 0.2428 0.2473
May 0.2483 0.2423 0.2447
June 0.2543 0.2413 0.2473
July 0.2430 0.2327 0.2385
August 0.2400 0.2313 0.2347
September 0.2405 0.2320 0.2356
October 0.2403 0.2193 0.2272
November 0.2386 0.2256 0.2344
December 0.2378 0.2326 0.2358