YEARLY HIGH
5823.4861 SLL
YEARLY LOW
4709.8252 SLL
YEARLY AVERAGE
5172.7262 SLL

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.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 ILS based on timing:

Yearly Peak High 29,117,431 SLL
2022 Average 20,375,569 SLL
Yearly Trough Low 23,549,126 SLL
Transaction Impact: A difference of 5,568,304.72 SLL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

5814.7886
4722.1710
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 4921.6070
H2 Avg (Jul–Dec) 5423.8454

Volatility Range Comparison

Volatility

The 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).

July Spread (Volatile) ±969.2950
September Spread (Stable) ±71.1137

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 3 Mo.
Sharpest MoM Drop -221.8983

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2023 Avg (December) 5723.7371
2022 Avg (December) 5111.6276

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