2023 ILS to GBP Historical Review

YEARLY HIGH

0.2428 GBP

YEARLY LOW

0.2009 GBP

YEARLY AVERAGE

0.2186 GBP

2023 ILS to GBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ILS to GBP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 0.2428. Conversely, the yearly low was recorded on October 23, dropping to 0.2009.

This high-to-low spread represents a total annual volatility of 0.0419 GBP. From a start-to-finish perspective, comparing the January average rate of 0.2372 to the December average rate of 0.2155, the exchange rate registered a net change of -9.14% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2428 was down 8.82% compared to the 2022 peak of 0.2663, 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 1,214 GBP

2022 Average 1,207 GBP

Yearly Trough Low 1,004 GBP

Transaction Impact: A difference of 209.68 GBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2402

0.2035

JanuMarcMayJulySeptNove

ILS to GBP 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 0.2260, compared to 0.2112 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0147 points.

H1 Avg (Jan–Jun) 0.2260

H2 Avg (Jul–Dec) 0.2112

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0167 GBP (High: 0.2428 / Low: 0.2261). On the other end, May was the most stable month, with a tight range of 0.0060 GBP (High: 0.2212 / Low: 0.2151).

February Spread (Volatile) ±0.0167

May Spread (Stable) ±0.0060

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 March and April, when the average rate fell by 0.0068 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0068

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.2340) against the same month in 2022 (average: 0.2298), the exchange rate shifted by +0.0042 (+1.82%).

2023 Avg (February) 0.2340

2022 Avg (February) 0.2298

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2411	0.2339	0.2372
February	0.2428	0.2261	0.2340
March	0.2350	0.2222	0.2279
April	0.2261	0.2182	0.2211
May	0.2212	0.2151	0.2184
June	0.2228	0.2126	0.2174
July	0.2153	0.2087	0.2118
August	0.2149	0.2064	0.2103
September	0.2154	0.2077	0.2115
October	0.2153	0.2009	0.2066
November	0.2163	0.2045	0.2117
December	0.2188	0.2118	0.2155