2023 ILS to TJS Historical Review

YEARLY HIGH

3.0781 TJS

YEARLY LOW

2.6818 TJS

YEARLY AVERAGE

2.9342 TJS

2023 ILS to TJS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ILS to TJS exchange rate experienced significant fluctuation. The market reached its absolute peak on March 28, valuing the pair at 3.0781. Conversely, the yearly low was recorded on October 26, dropping to 2.6818.

This high-to-low spread represents a total annual volatility of 0.3963 TJS. From a start-to-finish perspective, comparing the January average rate of 2.9716 to the December average rate of 2.9859, the exchange rate registered a net change of 0.48% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 3.0781 was down 24.52% compared to the 2022 peak of 4.0781, 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 15,391 TJS

2022 Average 16,391 TJS

Yearly Trough Low 13,409 TJS

Transaction Impact: A difference of 1,981.61 TJS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

3.0253

2.7335

JanuMarcMayJulySeptNove

ILS to TJS 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 2.9669, compared to 2.9015 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0654 points.

H1 Avg (Jan–Jun) 2.9669

H2 Avg (Jul–Dec) 2.9015

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.3500 TJS (High: 3.0781 / Low: 2.7281). On the other end, September was the most stable month, with a tight range of 0.0441 TJS (High: 2.8946 / Low: 2.8505).

March Spread (Volatile) ±0.3500

September Spread (Stable) ±0.0441

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 0.1196 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.1196

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 2.9204) against the same month in 2022 (average: 3.8419), the exchange rate shifted by -0.9215 (-23.99%).

2023 Avg (March) 2.9204

2022 Avg (March) 3.8419

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	3.0489	2.8746	2.9716
February	3.0387	2.7301	2.9333
March	3.0781	2.7281	2.9204
April	3.0598	2.9613	3.0010
May	3.0109	2.9221	2.9750
June	3.0736	2.9134	3.0003
July	3.0487	2.9274	2.9809
August	3.0138	2.8870	2.9313
September	2.8946	2.8505	2.8774
October	2.8895	2.6818	2.7578
November	2.9676	2.7275	2.8759
December	3.0453	2.9349	2.9859