YEARLY HIGH
52.8444 DJF
YEARLY LOW
43.6631 DJF
YEARLY AVERAGE
48.3276 DJF

2023 ILS to DJF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ILS to DJF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 24, valuing the pair at 52.8444. Conversely, the yearly low was recorded on October 26, dropping to 43.6631.

This high-to-low spread represents a total annual volatility of 9.1814 DJF. From a start-to-finish perspective, comparing the January average rate of 51.6218 to the December average rate of 48.6123, the exchange rate registered a net change of -5.83% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 52.8444 was down 8.36% compared to the 2022 peak of 57.6625, 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 264,222 DJF
2022 Average 265,392 DJF
Yearly Trough Low 218,315 DJF
Transaction Impact: A difference of 45,906.87 DJF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

52.3119
44.0306
JanuMarcMayJulySeptNove

ILS to DJF 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 49.5386, compared to 47.1165 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.4221 points.

H1 Avg (Jan–Jun) 49.5386
H2 Avg (Jul–Dec) 47.1165

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 4.0967 DJF (High: 48.4554 / Low: 44.3587). On the other end, September was the most stable month, with a tight range of 0.7444 DJF (High: 47.0140 / Low: 46.2696).

November Spread (Volatile) ±4.0967
September Spread (Stable) ±0.7444

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 1.9232 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.9232

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 51.6218) against the same month in 2022 (average: 56.7156), the exchange rate shifted by -5.0938 (-8.98%).

2023 Avg (January) 51.6218
2022 Avg (January) 56.7156

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 52.8444 49.9761 51.6218
February 52.5674 48.4839 50.2461
March 50.1768 48.2590 49.1417
April 49.7453 48.2938 48.8709
May 49.1136 47.6216 48.4596
June 50.1763 47.4835 48.8914
July 49.5513 47.6876 48.4696
August 48.9695 46.7528 47.5171
September 47.0140 46.2696 46.6440
October 46.8380 43.6631 44.7207
November 48.4554 44.3587 46.7355
December 49.5413 47.7513 48.6123