2023 ILS to KZT Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 ILS to KZT Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the ILS to KZT exchange rate experienced significant fluctuation. The market reached its absolute peak on January 23, valuing the pair at 137.3716. Conversely, the yearly low was recorded on October 29, dropping to 115.7322.
This high-to-low spread represents a total annual volatility of 21.6394 KZT. From a start-to-finish perspective, comparing the January average rate of 134.3350 to the December average rate of 125.3286, the exchange rate registered a net change of -6.70% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 137.3716 was down 14.81% compared to the 2022 peak of 161.2555, 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 KZT 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 125.9456, compared to 122.0304 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.9152 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was February, with a trading range of 13.5920 KZT (High: 135.2885 / Low: 121.6965). On the other end, August was the most stable month, with a tight range of 3.2206 KZT (High: 122.5589 / Low: 119.3383).
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 January and February, when the average rate fell by 6.8524 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2023: 134.3350) against the same month in 2022 (average: 138.8315), the exchange rate shifted by -4.4965 (-3.24%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 137.3716 | 130.9939 | 134.3350 |
| February | 135.2885 | 121.6965 | 127.4826 |
| March | 130.7419 | 117.6144 | 124.8259 |
| April | 126.3256 | 122.3818 | 124.2411 |
| May | 124.5155 | 119.3137 | 121.5528 |
| June | 127.4610 | 119.6355 | 123.2359 |
| July | 123.7518 | 119.6758 | 121.4255 |
| August | 122.5589 | 119.3383 | 121.0121 |
| September | 125.7810 | 120.3125 | 122.7831 |
| October | 125.6700 | 115.7322 | 119.7958 |
| November | 124.8873 | 117.0463 | 121.8373 |
| December | 127.4068 | 123.0714 | 125.3286 |