2023 ILS to SDG Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 ILS to SDG Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the ILS to SDG exchange rate experienced significant fluctuation. The market reached its absolute peak on February 2, valuing the pair at 172.0960. Conversely, the yearly low was recorded on November 20, dropping to 146.4793.
This high-to-low spread represents a total annual volatility of 25.6167 SDG. From a start-to-finish perspective, comparing the January average rate of 167.5369 to the December average rate of 164.0462, the exchange rate registered a net change of -2.08% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 172.0960 was down 3.25% compared to the 2022 peak of 177.8760, 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 SDG 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 164.8533, compared to 159.1264 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 5.7269 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was November, with a trading range of 16.5384 SDG (High: 163.0177 / Low: 146.4793). On the other end, September was the most stable month, with a tight range of 2.1699 SDG (High: 158.4570 / Low: 156.2871).
Growth Streaks & Declines
TrendsBetween 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 6.4494 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2023: 165.3007) against the same month in 2022 (average: 137.8416), the exchange rate shifted by +27.4591 (+19.92%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 171.6401 | 161.4720 | 167.5369 |
| February | 172.0960 | 160.3154 | 165.3007 |
| March | 167.8847 | 156.9871 | 163.1173 |
| April | 167.5309 | 157.4396 | 164.4942 |
| May | 165.5323 | 160.9142 | 163.5087 |
| June | 169.2188 | 160.2380 | 165.1620 |
| July | 167.2954 | 161.5728 | 163.9788 |
| August | 165.4113 | 158.1405 | 160.6133 |
| September | 158.4570 | 156.2871 | 157.5455 |
| October | 157.8784 | 147.3726 | 151.0961 |
| November | 163.0177 | 146.4793 | 157.4787 |
| December | 166.9050 | 161.3856 | 164.0462 |