2023 ILS to LRD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 ILS to LRD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the ILS to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 52.3418. Conversely, the yearly low was recorded on February 25, dropping to 41.9263.
This high-to-low spread represents a total annual volatility of 10.4155 LRD. From a start-to-finish perspective, comparing the January average rate of 45.1262 to the December average rate of 51.3787, the exchange rate registered a net change of 13.86% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 52.3418 was up 8.35% compared to the 2022 peak of 48.3093, 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 LRD 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 45.2942, compared to 49.4151 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.1210 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was February, with a trading range of 4.3642 LRD (High: 46.2904 / Low: 41.9263). On the other end, September was the most stable month, with a tight range of 0.5745 LRD (High: 49.0079 / Low: 48.4334).
Growth Streaks & Declines
TrendsBetween March and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 1.8379 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2023: 51.3787) against the same month in 2022 (average: 44.6199), the exchange rate shifted by +6.7588 (+15.15%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 46.5236 | 43.5003 | 45.1262 |
| February | 46.2904 | 41.9263 | 44.1707 |
| March | 45.4840 | 42.4398 | 44.1146 |
| April | 45.4393 | 44.3729 | 44.8782 |
| May | 45.9107 | 44.9950 | 45.4967 |
| June | 49.4645 | 45.1596 | 47.9786 |
| July | 51.4702 | 48.5469 | 50.1221 |
| August | 51.2871 | 48.9008 | 49.7628 |
| September | 49.0079 | 48.4334 | 48.8271 |
| October | 49.0040 | 45.8547 | 46.9891 |
| November | 51.0499 | 46.7098 | 49.4111 |
| December | 52.3418 | 50.5236 | 51.3787 |