YEARLY HIGH
137.3716 KZT
YEARLY LOW
115.7322 KZT
YEARLY AVERAGE
123.9880 KZT

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.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 ILS based on timing:

Yearly Peak High 686,858 KZT
2022 Average 687,955 KZT
Yearly Trough Low 578,661 KZT
Transaction Impact: A difference of 108,196.86 KZT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

135.7889
118.3419
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 125.9456
H2 Avg (Jul–Dec) 122.0304

Volatility Range Comparison

Volatility

The 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).

February Spread (Volatile) ±13.5920
August Spread (Stable) ±3.2206

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 January and February, when the average rate fell by 6.8524 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -6.8524

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2023 Avg (January) 134.3350
2022 Avg (January) 138.8315

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