2023 ILS to KWD Historical Review

YEARLY HIGH

0.0908 KWD

YEARLY LOW

0.0758 KWD

YEARLY AVERAGE

0.0835 KWD

2023 ILS to KWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ILS to KWD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 24, valuing the pair at 0.0908. Conversely, the yearly low was recorded on October 26, dropping to 0.0758.

This high-to-low spread represents a total annual volatility of 0.0149 KWD. From a start-to-finish perspective, comparing the January average rate of 0.0887 to the December average rate of 0.0840, the exchange rate registered a net change of -5.30% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0908 was down 7.50% compared to the 2022 peak of 0.0981, 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 454 KWD

2022 Average 457 KWD

Yearly Trough Low 379 KWD

Transaction Impact: A difference of 74.68 KWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0898

0.0767

JanuMarcMayJulySeptNove

ILS to KWD 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 0.0854, compared to 0.0816 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0037 points.

H1 Avg (Jan–Jun) 0.0854

H2 Avg (Jul–Dec) 0.0816

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0067 KWD (High: 0.0837 / Low: 0.0770). On the other end, September was the most stable month, with a tight range of 0.0010 KWD (High: 0.0812 / Low: 0.0802).

November Spread (Volatile) ±0.0067

September Spread (Stable) ±0.0010

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 0.0031 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0031

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0887) against the same month in 2022 (average: 0.0965), the exchange rate shifted by -0.0077 (-8.00%).

2023 Avg (January) 0.0887

2022 Avg (January) 0.0965

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0908	0.0864	0.0887
February	0.0900	0.0837	0.0864
March	0.0864	0.0834	0.0848
April	0.0857	0.0832	0.0843
May	0.0846	0.0823	0.0836
June	0.0863	0.0819	0.0844
July	0.0854	0.0824	0.0837
August	0.0846	0.0811	0.0823
September	0.0812	0.0802	0.0809
October	0.0812	0.0758	0.0778
November	0.0837	0.0770	0.0811
December	0.0854	0.0830	0.0840