2023 ILS to PHP Historical Review

YEARLY HIGH

16.2625 PHP

YEARLY LOW

13.9463 PHP

YEARLY AVERAGE

15.1071 PHP

2023 ILS to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ILS to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 24, valuing the pair at 16.2625. Conversely, the yearly low was recorded on October 23, dropping to 13.9463.

This high-to-low spread represents a total annual volatility of 2.3162 PHP. From a start-to-finish perspective, comparing the January average rate of 15.9520 to the December average rate of 15.1544, the exchange rate registered a net change of -5.00% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 16.2625 was down 5.86% compared to the 2022 peak of 17.2740, 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 81,312 PHP

2022 Average 81,138 PHP

Yearly Trough Low 69,732 PHP

Transaction Impact: A difference of 11,580.81 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

16.1195

14.1089

JanuMarcMayJulySeptNove

ILS to PHP 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 15.3835, compared to 14.8306 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5529 points.

H1 Avg (Jan–Jun) 15.3835

H2 Avg (Jul–Dec) 14.8306

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.9386 PHP (High: 15.0584 / Low: 14.1198). On the other end, September was the most stable month, with a tight range of 0.2782 PHP (High: 15.0150 / Low: 14.7368).

November Spread (Volatile) ±0.9386

September Spread (Stable) ±0.2782

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 0.6044 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.6044

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 15.9520) against the same month in 2022 (average: 16.3331), the exchange rate shifted by -0.3811 (-2.33%).

2023 Avg (January) 15.9520

2022 Avg (January) 16.3331

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	16.2625	15.7465	15.9520
February	15.8853	15.0101	15.4828
March	15.4810	14.7936	15.1393
April	15.4364	15.0396	15.2007
May	15.3738	14.9765	15.1949
June	15.7061	14.9012	15.3314
July	15.2198	14.6853	14.9781
August	15.2632	14.8093	15.0372
September	15.0150	14.7368	14.8809
October	14.8836	13.9463	14.2765
November	15.0584	14.1198	14.6568
December	15.3853	14.8558	15.1544