2023 ILS to SVC Historical Review

YEARLY HIGH

2.6014 SVC

YEARLY LOW

2.1459 SVC

YEARLY AVERAGE

2.3768 SVC

2023 ILS to SVC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ILS to SVC exchange rate experienced significant fluctuation. The market reached its absolute peak on January 23, valuing the pair at 2.6014. Conversely, the yearly low was recorded on October 26, dropping to 2.1459.

This high-to-low spread represents a total annual volatility of 0.4555 SVC. From a start-to-finish perspective, comparing the January average rate of 2.5412 to the December average rate of 2.3909, the exchange rate registered a net change of -5.92% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.6014 was down 8.23% compared to the 2022 peak of 2.8345, 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 13,007 SVC

2022 Average 13,045 SVC

Yearly Trough Low 10,729 SVC

Transaction Impact: A difference of 2,277.56 SVC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.5755

2.1642

JanuMarcMayJulySeptNove

ILS to SVC 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 2.4366, compared to 2.3170 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1196 points.

H1 Avg (Jan–Jun) 2.4366

H2 Avg (Jul–Dec) 2.3170

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.1962 SVC (High: 2.5805 / Low: 2.3843). On the other end, September was the most stable month, with a tight range of 0.0330 SVC (High: 2.3057 / Low: 2.2726).

February Spread (Volatile) ±0.1962

September Spread (Stable) ±0.0330

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 0.0937 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0937

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 2.5412) against the same month in 2022 (average: 2.7898), the exchange rate shifted by -0.2486 (-8.91%).

2023 Avg (January) 2.5412

2022 Avg (January) 2.7898

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.6014	2.4651	2.5412
February	2.5805	2.3843	2.4704
March	2.4654	2.3605	2.4167
April	2.4507	2.3728	2.4048
May	2.4126	2.3419	2.3830
June	2.4632	2.3333	2.4033
July	2.4383	2.3435	2.3843
August	2.4071	2.2993	2.3370
September	2.3057	2.2726	2.2922
October	2.3016	2.1459	2.1985
November	2.3746	2.1787	2.2992
December	2.4346	2.3508	2.3909