2023 ILS to UAH Historical Review

YEARLY HIGH

10.9800 UAH

YEARLY LOW

8.9474 UAH

YEARLY AVERAGE

10.0007 UAH

2023 ILS to UAH Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ILS to UAH exchange rate experienced significant fluctuation. The market reached its absolute peak on January 23, valuing the pair at 10.9800. Conversely, the yearly low was recorded on October 26, dropping to 8.9474.

This high-to-low spread represents a total annual volatility of 2.0326 UAH. From a start-to-finish perspective, comparing the January average rate of 10.6757 to the December average rate of 10.1546, the exchange rate registered a net change of -4.88% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 10.9800 was down 3.85% compared to the 2022 peak of 11.4193, 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 54,900 UAH

2022 Average 48,522 UAH

Yearly Trough Low 44,737 UAH

Transaction Impact: A difference of 10,163.04 UAH purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

10.8254

9.0289

JanuMarcMayJulySeptNove

ILS to UAH 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 10.2644, compared to 9.7370 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5274 points.

H1 Avg (Jan–Jun) 10.2644

H2 Avg (Jul–Dec) 9.7370

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.8659 UAH (High: 10.8803 / Low: 10.0143). On the other end, September was the most stable month, with a tight range of 0.1403 UAH (High: 9.7322 / Low: 9.5919).

February Spread (Volatile) ±0.8659

September Spread (Stable) ±0.1403

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 0.4949 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.4949

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 10.6757) against the same month in 2022 (average: 8.9251), the exchange rate shifted by +1.7506 (+19.61%).

2023 Avg (January) 10.6757

2022 Avg (January) 8.9251

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10.9800	10.3536	10.6757
February	10.8803	10.0143	10.3906
March	10.4053	9.9632	10.1918
April	10.3066	10.0159	10.1294
May	10.1836	9.8525	10.0536
June	10.3958	9.8537	10.1451
July	10.2926	9.8913	10.0510
August	10.1600	9.7062	9.8602
September	9.7322	9.5919	9.6735
October	9.7144	8.9474	9.1786
November	9.8748	9.0485	9.5040
December	10.5793	9.8133	10.1546