2023 ILS to SYP Historical Review

YEARLY HIGH

746.9143 SYP

YEARLY LOW

616.1031 SYP

YEARLY AVERAGE

682.7920 SYP

2023 ILS to SYP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ILS to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 24, valuing the pair at 746.9143. Conversely, the yearly low was recorded on October 26, dropping to 616.1031.

This high-to-low spread represents a total annual volatility of 130.8112 SYP. From a start-to-finish perspective, comparing the January average rate of 729.6874 to the December average rate of 685.8085, the exchange rate registered a net change of -6.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 746.9143 was down 8.26% compared to the 2022 peak of 814.2082, 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 3,734,571 SYP

2022 Average 3,745,525 SYP

Yearly Trough Low 3,080,515 SYP

Transaction Impact: A difference of 654,055.95 SYP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

739.4809

621.9583

JanuMarcMayJulySeptNove

ILS to SYP 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 700.0105, compared to 665.5735 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 34.4369 points.

H1 Avg (Jan–Jun) 700.0105

H2 Avg (Jul–Dec) 665.5735

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 56.1579 SYP (High: 682.0762 / Low: 625.9183). On the other end, September was the most stable month, with a tight range of 8.5207 SYP (High: 661.8920 / Low: 653.3713).

November Spread (Volatile) ±56.1579

September Spread (Stable) ±8.5207

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 26.5875 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -26.5875

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 729.6874) against the same month in 2022 (average: 801.1083), the exchange rate shifted by -71.4209 (-8.92%).

2023 Avg (January) 729.6874

2022 Avg (January) 801.1083

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	746.9143	707.4162	729.6874
February	741.0391	685.0293	709.2841
March	708.9332	684.5245	695.0052
April	702.7152	684.1867	691.2678
May	693.7528	672.7150	684.5947
June	706.8450	669.8883	690.2237
July	699.9744	676.0310	685.4453
August	690.9407	660.5698	671.0775
September	661.8920	653.3713	658.3394
October	659.4752	616.1031	631.7519
November	682.0762	625.9183	661.0187
December	697.7603	674.6858	685.8085