YEARLY HIGH
0.0457 ILS
YEARLY LOW
0.0391 ILS
YEARLY AVERAGE
0.0419 ILS

2023 KGS to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KGS to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on October 26, valuing the pair at 0.0457. Conversely, the yearly low was recorded on January 23, dropping to 0.0391.

This high-to-low spread represents a total annual volatility of 0.0066 ILS. From a start-to-finish perspective, comparing the January average rate of 0.0402 to the December average rate of 0.0411, the exchange rate registered a net change of 2.14% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0457 was up 2.77% compared to the 2022 peak of 0.0444, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 228 ILS
2022 Average 200 ILS
Yearly Trough Low 195 ILS
Transaction Impact: A difference of 32.92 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0451
0.0398
JanuMarcMayJulySeptNove

KGS 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 0.0413, compared to 0.0426 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0014 points.

H1 Avg (Jan–Jun) 0.0413
H2 Avg (Jul–Dec) 0.0426

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0036 ILS (High: 0.0449 / Low: 0.0414). On the other end, September was the most stable month, with a tight range of 0.0006 ILS (High: 0.0435 / Low: 0.0429).

November Spread (Volatile) ±0.0036
September Spread (Stable) ±0.0006

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 0.0020 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0020

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.0447) against the same month in 2022 (average: 0.0433), the exchange rate shifted by +0.0014 (+3.20%).

2023 Avg (October) 0.0447
2022 Avg (October) 0.0433

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0422 0.0391 0.0402
February 0.0420 0.0393 0.0408
March 0.0420 0.0405 0.0414
April 0.0420 0.0409 0.0416
May 0.0426 0.0414 0.0420
June 0.0428 0.0406 0.0416
July 0.0425 0.0408 0.0418
August 0.0431 0.0414 0.0425
September 0.0435 0.0429 0.0431
October 0.0457 0.0429 0.0447
November 0.0449 0.0414 0.0427
December 0.0417 0.0404 0.0411