2023 LRD to ILS Historical Review

YEARLY HIGH

0.0239 ILS

YEARLY LOW

0.0191 ILS

YEARLY AVERAGE

0.0212 ILS

2023 LRD to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LRD to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on February 24, valuing the pair at 0.0239. Conversely, the yearly low was recorded on December 30, dropping to 0.0191.

This high-to-low spread represents a total annual volatility of 0.0047 ILS. From a start-to-finish perspective, comparing the January average rate of 0.0222 to the December average rate of 0.0195, the exchange rate registered a net change of -12.19% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0239 was up 2.20% compared to the 2022 peak of 0.0233, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 119 ILS

2022 Average 110 ILS

Yearly Trough Low 96 ILS

Transaction Impact: A difference of 23.73 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0230

0.0191

JanuMarcMayJulySeptNove

LRD 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 0.0221, compared to 0.0203 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0018 points.

H1 Avg (Jan–Jun) 0.0221

H2 Avg (Jul–Dec) 0.0203

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0022 ILS (High: 0.0239 / Low: 0.0216). On the other end, September was the most stable month, with a tight range of 0.0002 ILS (High: 0.0206 / Low: 0.0204).

February Spread (Volatile) ±0.0022

September Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0011 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0227) against the same month in 2022 (average: 0.0209), the exchange rate shifted by +0.0017 (+8.27%).

2023 Avg (February) 0.0227

2022 Avg (February) 0.0209

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0230	0.0215	0.0222
February	0.0239	0.0216	0.0227
March	0.0236	0.0220	0.0227
April	0.0225	0.0220	0.0223
May	0.0222	0.0218	0.0220
June	0.0221	0.0202	0.0209
July	0.0206	0.0194	0.0200
August	0.0204	0.0195	0.0201
September	0.0206	0.0204	0.0205
October	0.0218	0.0204	0.0213
November	0.0214	0.0196	0.0203
December	0.0198	0.0191	0.0195