2023 ILS to JPY Historical Review

YEARLY HIGH

40.3940 JPY

YEARLY LOW

35.8317 JPY

YEARLY AVERAGE

38.1192 JPY

2023 ILS to JPY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ILS to JPY exchange rate experienced significant fluctuation. The market reached its absolute peak on November 19, valuing the pair at 40.3940. Conversely, the yearly low was recorded on March 20, dropping to 35.8317.

This high-to-low spread represents a total annual volatility of 4.5623 JPY. From a start-to-finish perspective, comparing the January average rate of 37.8013 to the December average rate of 39.2099, the exchange rate registered a net change of 3.73% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 40.3940 was down 5.07% compared to the 2022 peak of 42.5495, 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 201,970 JPY

2022 Average 195,437 JPY

Yearly Trough Low 179,158 JPY

Transaction Impact: A difference of 22,811.35 JPY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

39.6738

36.4785

JanuMarcMayJulySeptNove

ILS to JPY 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 37.5505, compared to 38.6878 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.1373 points.

H1 Avg (Jan–Jun) 37.5505

H2 Avg (Jul–Dec) 38.6878

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 2.8824 JPY (High: 40.3940 / Low: 37.5116). On the other end, September was the most stable month, with a tight range of 0.9824 JPY (High: 39.2418 / Low: 38.2594).

November Spread (Volatile) ±2.8824

September Spread (Stable) ±0.9824

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 September and October, when the average rate fell by 1.1263 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -1.1263

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 39.4076) against the same month in 2022 (average: 40.8401), the exchange rate shifted by -1.4325 (-3.51%).

2023 Avg (November) 39.4076

2022 Avg (November) 40.8401

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	38.8018	37.1624	37.8013
February	38.5433	37.1045	37.5893
March	38.2068	35.8317	36.9529
April	37.5081	36.2156	36.7448
May	38.0446	36.7115	37.3893
June	39.8996	37.0475	38.8255
July	39.1632	37.3904	38.5076
August	39.3145	38.2889	38.6699
September	39.2418	38.2594	38.7292
October	39.2485	36.8571	37.6029
November	40.3940	37.5116	39.4076
December	39.8008	38.5850	39.2099