2023 ILS to QAR Historical Review

YEARLY HIGH

1.0863 QAR

YEARLY LOW

0.8932 QAR

YEARLY AVERAGE

0.9901 QAR

2023 ILS to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ILS to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 24, valuing the pair at 1.0863. Conversely, the yearly low was recorded on October 26, dropping to 0.8932.

This high-to-low spread represents a total annual volatility of 0.1931 QAR. From a start-to-finish perspective, comparing the January average rate of 1.0583 to the December average rate of 0.9948, the exchange rate registered a net change of -6.00% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.0863 was down 7.93% compared to the 2022 peak of 1.1799, 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 5,431 QAR

2022 Average 5,432 QAR

Yearly Trough Low 4,466 QAR

Transaction Impact: A difference of 965.56 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.0725

0.9018

JanuMarcMayJulySeptNove

ILS to QAR 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 1.0154, compared to 0.9648 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0505 points.

H1 Avg (Jan–Jun) 1.0154

H2 Avg (Jul–Dec) 0.9648

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0846 QAR (High: 1.0773 / Low: 0.9927). On the other end, September was the most stable month, with a tight range of 0.0135 QAR (High: 0.9605 / Low: 0.9470).

February Spread (Volatile) ±0.0846

September Spread (Stable) ±0.0135

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 0.0383 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0383

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 1.0583) against the same month in 2022 (average: 1.1611), the exchange rate shifted by -0.1028 (-8.85%).

2023 Avg (January) 1.0583

2022 Avg (January) 1.1611

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0863	1.0251	1.0583
February	1.0773	0.9927	1.0296
March	1.0334	0.9920	1.0088
April	1.0292	0.9896	1.0030
May	1.0050	0.9751	0.9921
June	1.0257	0.9713	1.0006
July	1.0150	0.9798	0.9931
August	1.0013	0.9575	0.9733
September	0.9605	0.9470	0.9543
October	0.9564	0.8932	0.9160
November	0.9884	0.9082	0.9575
December	1.0145	0.9776	0.9948