2023 ILS to KPW Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
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.
Comparing the value generated converting 5,000 ILS based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |