2023 KES to ILS Historical Review

YEARLY HIGH

0.0290 ILS

YEARLY LOW

0.0229 ILS

YEARLY AVERAGE

0.0264 ILS

2023 KES to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KES to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on February 25, valuing the pair at 0.0290. Conversely, the yearly low was recorded on December 30, dropping to 0.0229.

This high-to-low spread represents a total annual volatility of 0.0061 ILS. From a start-to-finish perspective, comparing the January average rate of 0.0278 to the December average rate of 0.0237, the exchange rate registered a net change of -14.61% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0290 was down 3.25% compared to the 2022 peak of 0.0300, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 145 ILS

2022 Average 142 ILS

Yearly Trough Low 114 ILS

Transaction Impact: A difference of 30.48 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0287

0.0233

JanuMarcMayJulySeptNove

KES 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 0.0273, compared to 0.0256 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0017 points.

H1 Avg (Jan–Jun) 0.0273

H2 Avg (Jul–Dec) 0.0256

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0026 ILS (High: 0.0267 / Low: 0.0241). On the other end, May was the most stable month, with a tight range of 0.0006 ILS (High: 0.0271 / Low: 0.0265).

November Spread (Volatile) ±0.0026

May Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0016 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0282) against the same month in 2022 (average: 0.0283), the exchange rate shifted by -0.0001 (-0.27%).

2023 Avg (February) 0.0282

2022 Avg (February) 0.0283

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0287	0.0271	0.0278
February	0.0290	0.0272	0.0282
March	0.0287	0.0270	0.0279
April	0.0274	0.0267	0.0271
May	0.0271	0.0265	0.0268
June	0.0273	0.0254	0.0261
July	0.0268	0.0253	0.0259
August	0.0266	0.0255	0.0260
September	0.0263	0.0257	0.0260
October	0.0273	0.0257	0.0267
November	0.0267	0.0241	0.0250
December	0.0244	0.0229	0.0237