2023 ILS to EUR Historical Review

YEARLY HIGH

0.2743 EUR

YEARLY LOW

0.2306 EUR

YEARLY AVERAGE

0.2511 EUR

2023 ILS to EUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ILS to EUR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 18, valuing the pair at 0.2743. Conversely, the yearly low was recorded on October 23, dropping to 0.2306.

This high-to-low spread represents a total annual volatility of 0.0437 EUR. From a start-to-finish perspective, comparing the January average rate of 0.2692 to the December average rate of 0.2499, the exchange rate registered a net change of -7.18% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2743 was down 11.13% compared to the 2022 peak of 0.3086, 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 EUR

2022 Average 1,416 EUR

Yearly Trough Low 1,153 EUR

Transaction Impact: A difference of 218.46 EUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2723

0.2349

JanuMarcMayJulySeptNove

ILS to EUR 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 0.2575, compared to 0.2446 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0129 points.

H1 Avg (Jan–Jun) 0.2575

H2 Avg (Jul–Dec) 0.2446

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 0.0179 EUR (High: 0.2485 / Low: 0.2306). On the other end, December was the most stable month, with a tight range of 0.0049 EUR (High: 0.2519 / Low: 0.2470).

October Spread (Volatile) ±0.0179

December Spread (Stable) ±0.0049

Growth Streaks & Declines

Trends

Between April and June, 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 March and April, when the average rate fell by 0.0078 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0078

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.2692) against the same month in 2022 (average: 0.2817), the exchange rate shifted by -0.0125 (-4.43%).

2023 Avg (January) 0.2692

2022 Avg (January) 0.2817

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2743	0.2652	0.2692
February	0.2707	0.2571	0.2637
March	0.2646	0.2536	0.2582
April	0.2571	0.2453	0.2504
May	0.2547	0.2453	0.2504
June	0.2603	0.2470	0.2533
July	0.2491	0.2436	0.2467
August	0.2498	0.2417	0.2448
September	0.2483	0.2427	0.2454
October	0.2485	0.2306	0.2380
November	0.2474	0.2353	0.2431
December	0.2519	0.2470	0.2499