2023 IQD to ILS Historical Review

YEARLY HIGH

0.0031 ILS

YEARLY LOW

0.0023 ILS

YEARLY AVERAGE

0.0027 ILS

2023 IQD to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the IQD to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on October 26, valuing the pair at 0.0031. Conversely, the yearly low was recorded on January 24, dropping to 0.0023.

This high-to-low spread represents a total annual volatility of 0.0008 ILS. From a start-to-finish perspective, comparing the January average rate of 0.0024 to the December average rate of 0.0028, the exchange rate registered a net change of 18.49% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0031 was up 26.16% compared to the 2022 peak of 0.0025, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 IQD based on timing:

Yearly Peak High 16 ILS

2022 Average 12 ILS

Yearly Trough Low 12 ILS

Transaction Impact: A difference of 4.04 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0031

0.0023

JanuMarcMayJulySeptNove

IQD to ILS 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 0.0026, compared to 0.0029 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0026

H2 Avg (Jul–Dec) 0.0029

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0004 ILS (High: 0.0029 / Low: 0.0025). On the other end, September was the most stable month, with a tight range of 0.0000 ILS (High: 0.0029 / Low: 0.0029).

May Spread (Volatile) ±0.0004

September Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0001 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.0030) against the same month in 2022 (average: 0.0024), the exchange rate shifted by +0.0006 (+25.25%).

2023 Avg (October) 0.0030

2022 Avg (October) 0.0024

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0024	0.0023	0.0024
February	0.0025	0.0023	0.0024
March	0.0025	0.0024	0.0025
April	0.0028	0.0024	0.0025
May	0.0029	0.0025	0.0028
June	0.0029	0.0027	0.0028
July	0.0029	0.0027	0.0028
August	0.0029	0.0028	0.0029
September	0.0029	0.0029	0.0029
October	0.0031	0.0029	0.0030
November	0.0031	0.0028	0.0029
December	0.0028	0.0027	0.0028