2023 ILS to KRW Historical Review

YEARLY HIGH

371.4484 KRW

YEARLY LOW

330.2759 KRW

YEARLY AVERAGE

354.6809 KRW

2023 ILS to KRW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ILS to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on March 9, valuing the pair at 371.4484. Conversely, the yearly low was recorded on October 23, dropping to 330.2759.

This high-to-low spread represents a total annual volatility of 41.1725 KRW. From a start-to-finish perspective, comparing the January average rate of 360.8120 to the December average rate of 355.2145, the exchange rate registered a net change of -1.55% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 371.4484 was down 9.99% compared to the 2022 peak of 412.6908, 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 1,857,242 KRW

2022 Average 1,922,244 KRW

Yearly Trough Low 1,651,380 KRW

Transaction Impact: A difference of 205,862.60 KRW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

365.9922

337.1149

JanuMarcMayJulySeptNove

ILS to KRW 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 360.7006, compared to 348.6611 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 12.0396 points.

H1 Avg (Jan–Jun) 360.7006

H2 Avg (Jul–Dec) 348.6611

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 24.8356 KRW (High: 355.1115 / Low: 330.2759). On the other end, September was the most stable month, with a tight range of 9.3820 KRW (High: 355.4234 / Low: 346.0414).

October Spread (Volatile) ±24.8356

September Spread (Stable) ±9.3820

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 9.9891 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -9.9891

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 361.0090) against the same month in 2022 (average: 376.6193), the exchange rate shifted by -15.6103 (-4.14%).

2023 Avg (March) 361.0090

2022 Avg (March) 376.6193

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	366.7545	355.8267	360.8120
February	365.0785	354.0927	361.1185
March	371.4484	353.0283	361.0090
April	368.8878	355.1951	363.5858
May	370.8572	353.9818	361.8363
June	360.9949	347.7897	355.8422
July	355.4515	343.0416	350.5387
August	358.1599	347.5842	353.4853
September	355.4234	346.0414	349.5104
October	355.1115	330.2759	339.5214
November	351.8378	333.4119	343.6961
December	360.4252	348.1134	355.2145