YEARLY HIGH
0.8034 XCD
YEARLY LOW
0.6627 XCD
YEARLY AVERAGE
0.7344 XCD

2023 ILS to XCD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ILS to XCD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 24, valuing the pair at 0.8034. Conversely, the yearly low was recorded on October 26, dropping to 0.6627.

This high-to-low spread represents a total annual volatility of 0.1407 XCD. From a start-to-finish perspective, comparing the January average rate of 0.7849 to the December average rate of 0.7377, 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 0.8034 was down 8.27% compared to the 2022 peak of 0.8758, 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 4,017 XCD
2022 Average 4,029 XCD
Yearly Trough Low 3,313 XCD
Transaction Impact: A difference of 703.52 XCD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.7954
0.6690
JanuMarcMayJulySeptNove

ILS to XCD 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 0.7530, compared to 0.7159 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0370 points.

H1 Avg (Jan–Jun) 0.7530
H2 Avg (Jul–Dec) 0.7159

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0604 XCD (High: 0.7337 / Low: 0.6733). On the other end, September was the most stable month, with a tight range of 0.0092 XCD (High: 0.7120 / Low: 0.7028).

November Spread (Volatile) ±0.0604
September Spread (Stable) ±0.0092

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 0.0286 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0286

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.7849) against the same month in 2022 (average: 0.8618), the exchange rate shifted by -0.0770 (-8.93%).

2023 Avg (January) 0.7849
2022 Avg (January) 0.8618

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8034 0.7609 0.7849
February 0.7971 0.7368 0.7629
March 0.7625 0.7363 0.7476
April 0.7559 0.7359 0.7435
May 0.7462 0.7236 0.7364
June 0.7603 0.7206 0.7424
July 0.7529 0.7272 0.7373
August 0.7432 0.7105 0.7218
September 0.7120 0.7028 0.7081
October 0.7094 0.6627 0.6795
November 0.7337 0.6733 0.7110
December 0.7505 0.7257 0.7377