2023 ILS to SRD Historical Review

YEARLY HIGH

10.7144 SRD

YEARLY LOW

8.8971 SRD

YEARLY AVERAGE

9.9270 SRD

2023 ILS to SRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ILS to SRD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 19, valuing the pair at 10.7144. Conversely, the yearly low was recorded on January 5, dropping to 8.8971.

This high-to-low spread represents a total annual volatility of 1.8173 SRD. From a start-to-finish perspective, comparing the January average rate of 9.2405 to the December average rate of 10.1977, the exchange rate registered a net change of 10.36% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 10.7144 was up 14.01% compared to the 2022 peak of 9.3979, 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 53,572 SRD

2022 Average 35,977 SRD

Yearly Trough Low 44,486 SRD

Transaction Impact: A difference of 9,086.39 SRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

10.4778

9.1280

JanuMarcMayJulySeptNove

ILS to SRD 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 9.7862, compared to 10.0677 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2815 points.

H1 Avg (Jan–Jun) 9.7862

H2 Avg (Jul–Dec) 10.0677

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.9247 SRD (High: 10.0576 / Low: 9.1329). On the other end, September was the most stable month, with a tight range of 0.1742 SRD (High: 10.1198 / Low: 9.9456).

March Spread (Volatile) ±0.9247

September Spread (Stable) ±0.1742

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.4429 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.4429

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 10.3653) against the same month in 2022 (average: 6.6144), the exchange rate shifted by +3.7509 (+56.71%).

2023 Avg (July) 10.3653

2022 Avg (July) 6.6144

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	9.5980	8.8971	9.2405
February	9.4449	9.1379	9.2582
March	10.0576	9.1329	9.5694
April	10.2821	9.9473	10.1175
May	10.3830	9.9752	10.1748
June	10.6669	9.9514	10.3571
July	10.7144	9.9912	10.3653
August	10.6045	10.0399	10.2225
September	10.1198	9.9456	10.0354
October	10.0587	9.3492	9.5925
November	10.2916	9.4995	9.9929
December	10.2876	10.0898	10.1977