2023 ILS to MYR Historical Review

YEARLY HIGH

1.3014 MYR

YEARLY LOW

1.1732 MYR

YEARLY AVERAGE

1.2378 MYR

2023 ILS to MYR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ILS to MYR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 15, valuing the pair at 1.3014. Conversely, the yearly low was recorded on October 23, dropping to 1.1732.

This high-to-low spread represents a total annual volatility of 0.1283 MYR. From a start-to-finish perspective, comparing the January average rate of 1.2569 to the December average rate of 1.2712, the exchange rate registered a net change of 1.14% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.3014 was down 5.47% compared to the 2022 peak of 1.3767, 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 6,507 MYR

2022 Average 6,551 MYR

Yearly Trough Low 5,866 MYR

Transaction Impact: A difference of 641.35 MYR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.2795

1.1852

JanuMarcMayJulySeptNove

ILS to MYR 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 1.2408, compared to 1.2348 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0061 points.

H1 Avg (Jan–Jun) 1.2408

H2 Avg (Jul–Dec) 1.2348

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0810 MYR (High: 1.3014 / Low: 1.2204). On the other end, September was the most stable month, with a tight range of 0.0174 MYR (High: 1.2335 / Low: 1.2161).

June Spread (Volatile) ±0.0810

September Spread (Stable) ±0.0174

Growth Streaks & Declines

Trends

Between April and June, 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 0.0334 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0334

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 1.2717) against the same month in 2022 (average: 1.2909), the exchange rate shifted by -0.0193 (-1.49%).

2023 Avg (June) 1.2717

2022 Avg (June) 1.2909

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.2815	1.2259	1.2569
February	1.2523	1.2093	1.2319
March	1.2665	1.2195	1.2364
April	1.2323	1.1987	1.2173
May	1.2516	1.2132	1.2308
June	1.3014	1.2204	1.2717
July	1.2752	1.2175	1.2529
August	1.2469	1.2200	1.2311
September	1.2335	1.2161	1.2264
October	1.2324	1.1732	1.1930
November	1.2686	1.1887	1.2339
December	1.2907	1.2507	1.2712