2023 ILS to SLL Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 ILS to SLL Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the ILS to SLL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 5823.4861. Conversely, the yearly low was recorded on June 3, dropping to 4709.8252.
This high-to-low spread represents a total annual volatility of 1113.6609 SLL. From a start-to-finish perspective, comparing the January average rate of 5130.2583 to the December average rate of 5723.7371, the exchange rate registered a net change of 11.57% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 5823.4861 was up 11.84% compared to the 2022 peak of 5206.9977, 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 SLL 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 4921.6070, compared to 5423.8454 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 502.2385 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was July, with a trading range of 969.2950 SLL (High: 5722.3078 / Low: 4753.0128). On the other end, September was the most stable month, with a tight range of 71.1137 SLL (High: 5524.1305 / Low: 5453.0169).
Growth Streaks & Declines
TrendsBetween May and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 221.8983 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2023: 5723.7371) against the same month in 2022 (average: 5111.6276), the exchange rate shifted by +612.1095 (+11.97%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 5251.3764 | 4973.6746 | 5130.2583 |
| February | 5210.0692 | 4816.2780 | 4986.8078 |
| March | 4984.3402 | 4812.7286 | 4886.4159 |
| April | 4940.6230 | 4810.3539 | 4860.1391 |
| May | 4877.6110 | 4729.6990 | 4813.2225 |
| June | 4969.6588 | 4709.8252 | 4852.7982 |
| July | 5722.3078 | 4753.0128 | 4934.6376 |
| August | 5766.5707 | 5513.0956 | 5600.7928 |
| September | 5524.1305 | 5453.0169 | 5494.4807 |
| October | 5503.9603 | 5141.9779 | 5272.5824 |
| November | 5692.5875 | 5223.8955 | 5516.8420 |
| December | 5823.4861 | 5630.9076 | 5723.7371 |