2023 ILS to GNF Historical Review

YEARLY HIGH

2580.3711 GNF

YEARLY LOW

2112.1181 GNF

YEARLY AVERAGE

2342.3120 GNF

2023 ILS to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ILS to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 23, valuing the pair at 2580.3711. Conversely, the yearly low was recorded on October 21, dropping to 2112.1181.

This high-to-low spread represents a total annual volatility of 468.2530 GNF. From a start-to-finish perspective, comparing the January average rate of 2516.8331 to the December average rate of 2347.9695, the exchange rate registered a net change of -6.71% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 2580.3711 was down 14.02% compared to the 2022 peak of 3001.2632, 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 12,901,855 GNF

2022 Average 13,136,875 GNF

Yearly Trough Low 10,560,590 GNF

Transaction Impact: A difference of 2,341,264.87 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2552.2684

2127.0449

JanuMarcMayJulySeptNove

ILS to GNF 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 2405.3616, compared to 2279.2624 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 126.0992 points.

H1 Avg (Jan–Jun) 2405.3616

H2 Avg (Jul–Dec) 2279.2624

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 216.2894 GNF (High: 2561.6249 / Low: 2345.3355). On the other end, September was the most stable month, with a tight range of 43.0723 GNF (High: 2273.7124 / Low: 2230.6402).

February Spread (Volatile) ±216.2894

September Spread (Stable) ±43.0723

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 92.1424 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -92.1424

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 2516.8331) against the same month in 2022 (average: 2900.8856), the exchange rate shifted by -384.0525 (-13.24%).

2023 Avg (January) 2516.8331

2022 Avg (January) 2900.8856

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2580.3711	2457.2874	2516.8331
February	2561.6249	2345.3355	2440.6396
March	2433.8147	2323.1621	2389.0451
April	2404.3752	2331.3321	2366.1748
May	2380.2387	2304.5256	2349.9753
June	2431.5135	2294.3052	2369.5018
July	2401.8029	2302.8255	2348.0946
August	2372.1204	2257.2576	2299.9658
September	2273.7124	2230.6402	2254.6225
October	2260.6163	2112.1181	2162.4802
November	2334.5458	2146.1427	2262.4418
December	2392.4207	2309.6550	2347.9695