YEARLY HIGH
0.0086 ILS
YEARLY LOW
0.0073 ILS
YEARLY AVERAGE
0.0081 ILS

2023 KZT to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KZT to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on October 29, valuing the pair at 0.0086. Conversely, the yearly low was recorded on January 23, dropping to 0.0073.

This high-to-low spread represents a total annual volatility of 0.0014 ILS. From a start-to-finish perspective, comparing the January average rate of 0.0074 to the December average rate of 0.0080, the exchange rate registered a net change of 7.18% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0086 was up 7.16% compared to the 2022 peak of 0.0081, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 43 ILS
2022 Average 36 ILS
Yearly Trough Low 36 ILS
Transaction Impact: A difference of 6.81 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0084
0.0074
JanuMarcMayJulySeptNove

KZT 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 0.0080, compared to 0.0082 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) 0.0080
H2 Avg (Jul–Dec) 0.0082

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0009 ILS (High: 0.0085 / Low: 0.0076). On the other end, August was the most stable month, with a tight range of 0.0002 ILS (High: 0.0084 / Low: 0.0082).

March Spread (Volatile) ±0.0009
August Spread (Stable) ±0.0002

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 November and December, 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: 0.0084) against the same month in 2022 (average: 0.0075), the exchange rate shifted by +0.0009 (+11.41%).

2023 Avg (October) 0.0084
2022 Avg (October) 0.0075

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0076 0.0073 0.0074
February 0.0082 0.0074 0.0079
March 0.0085 0.0076 0.0080
April 0.0082 0.0079 0.0080
May 0.0084 0.0080 0.0082
June 0.0084 0.0078 0.0081
July 0.0084 0.0081 0.0082
August 0.0084 0.0082 0.0083
September 0.0083 0.0080 0.0081
October 0.0086 0.0080 0.0084
November 0.0085 0.0080 0.0082
December 0.0081 0.0078 0.0080