2022 ILS to TOP Historical Review

YEARLY HIGH

0.7386 TOP

YEARLY LOW

0.6637 TOP

YEARLY AVERAGE

0.6945 TOP

2022 ILS to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the ILS to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 0.7386. Conversely, the yearly low was recorded on July 2, dropping to 0.6637.

This high-to-low spread represents a total annual volatility of 0.0749 TOP. From a start-to-finish perspective, comparing the January average rate of 0.7257 to the December average rate of 0.6790, the exchange rate registered a net change of -6.43% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.7386 was down 0.20% compared to the 2021 peak of 0.7401, 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 3,693 TOP

2021 Average 3,506 TOP

Yearly Trough Low 3,319 TOP

Transaction Impact: A difference of 374.66 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.7303

0.6743

JanuMarcMayJulySeptNove

ILS to TOP 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 0.6998, compared to 0.6892 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0106 points.

H1 Avg (Jan–Jun) 0.6998

H2 Avg (Jul–Dec) 0.6892

Volatility Range Comparison

Volatility

The most volatile month in 2022 was August, with a trading range of 0.0297 TOP (High: 0.7213 / Low: 0.6916). On the other end, October was the most stable month, with a tight range of 0.0163 TOP (High: 0.6983 / Low: 0.6821).

August Spread (Volatile) ±0.0297

October Spread (Stable) ±0.0163

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2022. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0206 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0206

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2022: 0.7257) against the same month in 2021 (average: 0.7059), the exchange rate shifted by +0.0198 (+2.80%).

2022 Avg (January) 0.7257

2021 Avg (January) 0.7059

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7386	0.7099	0.7257
February	0.7172	0.6953	0.7051
March	0.7078	0.6878	0.6982
April	0.7072	0.6905	0.6997
May	0.6963	0.6735	0.6875
June	0.6933	0.6705	0.6825
July	0.6863	0.6637	0.6792
August	0.7213	0.6916	0.7106
September	0.7019	0.6798	0.6916
October	0.6983	0.6821	0.6877
November	0.7004	0.6751	0.6872
December	0.6926	0.6640	0.6790