2023 ILS to CRC Historical Review

YEARLY HIGH

170.4723 CRC

YEARLY LOW

130.2160 CRC

YEARLY AVERAGE

147.2984 CRC

2023 ILS to CRC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ILS to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 170.4723. Conversely, the yearly low was recorded on October 26, dropping to 130.2160.

This high-to-low spread represents a total annual volatility of 40.2564 CRC. From a start-to-finish perspective, comparing the January average rate of 166.8775 to the December average rate of 143.3397, the exchange rate registered a net change of -14.10% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 170.4723 was down 18.02% compared to the 2022 peak of 207.9520, 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 852,362 CRC

2022 Average 962,176 CRC

Yearly Trough Low 651,080 CRC

Transaction Impact: A difference of 201,281.84 CRC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

170.1907

130.4317

JanuMarcMayJulySeptNove

ILS to CRC 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 153.2483, compared to 141.3486 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 11.8998 points.

H1 Avg (Jan–Jun) 153.2483

H2 Avg (Jul–Dec) 141.3486

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 14.3662 CRC (High: 166.4499 / Low: 152.0836). On the other end, December was the most stable month, with a tight range of 2.8560 CRC (High: 144.6665 / Low: 141.8105).

February Spread (Volatile) ±14.3662

December Spread (Stable) ±2.8560

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 February and March, when the average rate fell by 8.6338 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -8.6338

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 166.8775) against the same month in 2022 (average: 203.7249), the exchange rate shifted by -36.8474 (-18.09%).

2023 Avg (January) 166.8775

2022 Avg (January) 203.7249

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	170.4723	159.8688	166.8775
February	166.4499	152.0836	159.5530
March	155.1904	146.4860	150.9191
April	151.8184	145.2320	147.3611
May	149.8145	143.9226	146.4445
June	152.4389	143.5914	148.3347
July	150.7870	144.1966	147.3619
August	149.8757	140.3349	143.7582
September	142.0431	138.7733	140.3293
October	140.6278	130.2160	133.7450
November	143.7620	132.2038	139.5573
December	144.6665	141.8105	143.3397