YEARLY HIGH
267.5482 KPW
YEARLY LOW
220.6910 KPW
YEARLY AVERAGE
244.5793 KPW

2023 ILS to KPW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ILS to KPW exchange rate experienced significant fluctuation. The market reached its absolute peak on January 24, valuing the pair at 267.5482. Conversely, the yearly low was recorded on October 26, dropping to 220.6910.

This high-to-low spread represents a total annual volatility of 46.8572 KPW. From a start-to-finish perspective, comparing the January average rate of 261.3774 to the December average rate of 245.6598, the exchange rate registered a net change of -6.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 267.5482 was down 8.27% compared to the 2022 peak of 291.6567, 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 1,337,741 KPW
2022 Average 1,341,739 KPW
Yearly Trough Low 1,103,455 KPW
Transaction Impact: A difference of 234,285.90 KPW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

264.8855
222.7884
JanuMarcMayJulySeptNove

ILS to KPW 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 250.7470, compared to 238.4116 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 12.3355 points.

H1 Avg (Jan–Jun) 250.7470
H2 Avg (Jul–Dec) 238.4116

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 20.1160 KPW (High: 244.3229 / Low: 224.2069). On the other end, September was the most stable month, with a tight range of 3.0522 KPW (High: 237.0928 / Low: 234.0406).

November Spread (Volatile) ±20.1160
September Spread (Stable) ±3.0522

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 9.5238 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -9.5238

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 261.3774) against the same month in 2022 (average: 287.0046), the exchange rate shifted by -25.6271 (-8.93%).

2023 Avg (January) 261.3774
2022 Avg (January) 287.0046

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 267.5482 253.3998 261.3774
February 265.4437 245.3807 254.0689
March 253.9432 245.1999 248.9541
April 251.7159 245.0789 247.6154
May 248.5055 240.9697 245.2250
June 253.1952 239.9571 247.2413
July 250.7341 242.1575 245.5297
August 247.4982 236.6192 240.3831
September 237.0928 234.0406 235.8202
October 236.2271 220.6910 226.2965
November 244.3229 224.2069 236.7800
December 249.9410 241.6756 245.6598