YEARLY HIGH
1.2968 PLN
YEARLY LOW
1.0285 PLN
YEARLY AVERAGE
1.1415 PLN

2023 ILS to PLN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ILS to PLN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 18, valuing the pair at 1.2968. Conversely, the yearly low was recorded on October 23, dropping to 1.0285.

This high-to-low spread represents a total annual volatility of 0.2683 PLN. From a start-to-finish perspective, comparing the January average rate of 1.2589 to the December average rate of 1.0825, the exchange rate registered a net change of -14.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.2968 was down 11.65% compared to the 2022 peak of 1.4678, 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 6,484 PLN
2022 Average 6,634 PLN
Yearly Trough Low 5,143 PLN
Transaction Impact: A difference of 1,341.32 PLN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.2778
1.0511
JanuMarcMayJulySeptNove

ILS to PLN 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 1.1925, compared to 1.0906 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1019 points.

H1 Avg (Jan–Jun) 1.1925
H2 Avg (Jul–Dec) 1.0906

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 0.1210 PLN (High: 1.1495 / Low: 1.0285). On the other end, December was the most stable month, with a tight range of 0.0271 PLN (High: 1.0946 / Low: 1.0675).

October Spread (Volatile) ±0.1210
December Spread (Stable) ±0.0271

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0552 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0552

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 1.2589) against the same month in 2022 (average: 1.2827), the exchange rate shifted by -0.0238 (-1.86%).

2023 Avg (January) 1.2589
2022 Avg (January) 1.2827

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.2968 1.2152 1.2589
February 1.2785 1.2121 1.2512
March 1.2405 1.1887 1.2120
April 1.2021 1.1388 1.1643
May 1.1591 1.1260 1.1385
June 1.1680 1.0956 1.1298
July 1.1124 1.0796 1.0964
August 1.1117 1.0809 1.0915
September 1.1495 1.0867 1.1291
October 1.1495 1.0285 1.0739
November 1.0834 1.0517 1.0700
December 1.0946 1.0675 1.0825