2023 LKR to ILS Historical Review

YEARLY HIGH

0.0129 ILS

YEARLY LOW

0.0092 ILS

YEARLY AVERAGE

0.0113 ILS

2023 LKR to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LKR to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on June 2, valuing the pair at 0.0129. Conversely, the yearly low was recorded on January 23, dropping to 0.0092.

This high-to-low spread represents a total annual volatility of 0.0037 ILS. From a start-to-finish perspective, comparing the January average rate of 0.0094 to the December average rate of 0.0112, the exchange rate registered a net change of 19.08% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0129 was down 20.77% compared to the 2022 peak of 0.0163, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 65 ILS

2022 Average 54 ILS

Yearly Trough Low 46 ILS

Transaction Impact: A difference of 18.37 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0125

0.0091

JanuMarcMayJulySeptNove

LKR 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 0.0109, compared to 0.0117 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.0109

H2 Avg (Jul–Dec) 0.0117

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0017 ILS (High: 0.0129 / Low: 0.0112). On the other end, September was the most stable month, with a tight range of 0.0002 ILS (High: 0.0119 / Low: 0.0117).

June Spread (Volatile) ±0.0017

September Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0006 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 0.0120) against the same month in 2022 (average: 0.0095), the exchange rate shifted by +0.0026 (+27.05%).

2023 Avg (June) 0.0120

2022 Avg (June) 0.0095

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0097	0.0092	0.0094
February	0.0101	0.0093	0.0097
March	0.0113	0.0098	0.0108
April	0.0115	0.0109	0.0113
May	0.0127	0.0113	0.0119
June	0.0129	0.0112	0.0120
July	0.0121	0.0110	0.0115
August	0.0118	0.0114	0.0116
September	0.0119	0.0117	0.0118
October	0.0125	0.0117	0.0122
November	0.0122	0.0112	0.0116
December	0.0114	0.0111	0.0112