YEARLY HIGH
0.0045 ILS
YEARLY LOW
0.0037 ILS
YEARLY AVERAGE
0.0041 ILS

2023 KPW to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KPW to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on October 26, valuing the pair at 0.0045. Conversely, the yearly low was recorded on January 24, dropping to 0.0037.

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 0.0038 to the December average rate of 0.0041, the exchange rate registered a net change of 6.39% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0045 was up 13.73% compared to the 2022 peak of 0.0040, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 23 ILS
2022 Average 19 ILS
Yearly Trough Low 19 ILS
Transaction Impact: A difference of 3.97 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0045
0.0038
JanuMarcMayJulySeptNove

KPW 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 0.0040, compared to 0.0042 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0040
H2 Avg (Jul–Dec) 0.0042

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0004 ILS (High: 0.0045 / Low: 0.0041). On the other end, September was the most stable month, with a tight range of 0.0001 ILS (High: 0.0043 / Low: 0.0042).

November Spread (Volatile) ±0.0004
September Spread (Stable) ±0.0001

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 0.0002 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.0044) against the same month in 2022 (average: 0.0039), the exchange rate shifted by +0.0005 (+12.35%).

2023 Avg (October) 0.0044
2022 Avg (October) 0.0039

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0039 0.0037 0.0038
February 0.0041 0.0038 0.0039
March 0.0041 0.0039 0.0040
April 0.0041 0.0040 0.0040
May 0.0041 0.0040 0.0041
June 0.0042 0.0039 0.0040
July 0.0041 0.0040 0.0041
August 0.0042 0.0040 0.0042
September 0.0043 0.0042 0.0042
October 0.0045 0.0042 0.0044
November 0.0045 0.0041 0.0042
December 0.0041 0.0040 0.0041