2023 ILS to GMD Historical Review

YEARLY HIGH

18.6970 GMD

YEARLY LOW

15.7457 GMD

YEARLY AVERAGE

16.9183 GMD

2023 ILS to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ILS to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 18.6970. Conversely, the yearly low was recorded on September 10, dropping to 15.7457.

This high-to-low spread represents a total annual volatility of 2.9512 GMD. From a start-to-finish perspective, comparing the January average rate of 18.0134 to the December average rate of 18.3842, the exchange rate registered a net change of 2.06% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 18.6970 was up 1.73% compared to the 2022 peak of 18.3786, 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 93,485 GMD

2022 Average 82,487 GMD

Yearly Trough Low 78,729 GMD

Transaction Impact: A difference of 14,756.20 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

18.6045

15.9607

JanuMarcMayJulySeptNove

ILS to GMD 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 16.9810, compared to 16.8556 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1254 points.

H1 Avg (Jan–Jun) 16.9810

H2 Avg (Jul–Dec) 16.8556

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 2.0647 GMD (High: 18.2699 / Low: 16.2052). On the other end, July was the most stable month, with a tight range of 0.5819 GMD (High: 16.6181 / Low: 16.0362).

November Spread (Volatile) ±2.0647

July Spread (Stable) ±0.5819

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.7651 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.7651

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 18.3842) against the same month in 2022 (average: 17.9603), the exchange rate shifted by +0.4239 (+2.36%).

2023 Avg (December) 18.3842

2022 Avg (December) 17.9603

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	18.5619	17.4846	18.0134
February	17.9912	16.6378	17.2483
March	17.4798	16.6246	16.9808
April	17.3964	16.4846	17.0164
May	16.5663	15.9495	16.2874
June	16.7061	15.8825	16.3398
July	16.6181	16.0362	16.2714
August	16.6030	15.9550	16.1810
September	17.0694	15.7457	16.1967
October	17.0482	16.1104	16.4972
November	18.2699	16.2052	17.6031
December	18.6970	18.0911	18.3842