2023 JMD to ILS Historical Review

YEARLY HIGH

0.0263 ILS

YEARLY LOW

0.0218 ILS

YEARLY AVERAGE

0.0239 ILS

2023 JMD to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the JMD to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on October 26, valuing the pair at 0.0263. Conversely, the yearly low was recorded on January 24, dropping to 0.0218.

This high-to-low spread represents a total annual volatility of 0.0045 ILS. From a start-to-finish perspective, comparing the January average rate of 0.0225 to the December average rate of 0.0236, the exchange rate registered a net change of 4.71% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0263 was up 12.05% compared to the 2022 peak of 0.0235, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 131 ILS

2022 Average 109 ILS

Yearly Trough Low 109 ILS

Transaction Impact: A difference of 22.38 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0260

0.0222

JanuMarcMayJulySeptNove

JMD 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 0.0234, compared to 0.0244 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.0234

H2 Avg (Jul–Dec) 0.0244

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0022 ILS (High: 0.0259 / Low: 0.0237). On the other end, September was the most stable month, with a tight range of 0.0004 ILS (High: 0.0249 / Low: 0.0245).

November Spread (Volatile) ±0.0022

September Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between June and October, 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 0.0012 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.0257) against the same month in 2022 (average: 0.0232), the exchange rate shifted by +0.0025 (+10.77%).

2023 Avg (October) 0.0257

2022 Avg (October) 0.0232

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0234	0.0218	0.0225
February	0.0238	0.0220	0.0230
March	0.0244	0.0233	0.0238
April	0.0242	0.0236	0.0239
May	0.0242	0.0236	0.0238
June	0.0242	0.0230	0.0236
July	0.0242	0.0232	0.0238
August	0.0247	0.0235	0.0242
September	0.0249	0.0245	0.0247
October	0.0263	0.0245	0.0257
November	0.0259	0.0237	0.0245
December	0.0240	0.0232	0.0236