2023 LSL to ILS Historical Review

YEARLY HIGH

0.2167 ILS

YEARLY LOW

0.1877 ILS

YEARLY AVERAGE

0.1997 ILS

2023 LSL to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LSL to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on November 2, valuing the pair at 0.2167. Conversely, the yearly low was recorded on May 19, dropping to 0.1877.

This high-to-low spread represents a total annual volatility of 0.0290 ILS. From a start-to-finish perspective, comparing the January average rate of 0.2014 to the December average rate of 0.1963, the exchange rate registered a net change of -2.54% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2167 was down 1.96% compared to the 2022 peak of 0.2210, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,083 ILS

2022 Average 1,029 ILS

Yearly Trough Low 938 ILS

Transaction Impact: A difference of 144.81 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2104

0.1913

JanuMarcMayJulySeptNove

LSL 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 0.1975, compared to 0.2019 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0044 points.

H1 Avg (Jan–Jun) 0.1975

H2 Avg (Jul–Dec) 0.2019

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0194 ILS (High: 0.2167 / Low: 0.1972). On the other end, September was the most stable month, with a tight range of 0.0044 ILS (High: 0.2034 / Low: 0.1990).

November Spread (Volatile) ±0.0194

September Spread (Stable) ±0.0044

Growth Streaks & Declines

Trends

Between May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0083 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0083

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.2045) against the same month in 2022 (average: 0.1983), the exchange rate shifted by +0.0062 (+3.13%).

2023 Avg (November) 0.2045

2022 Avg (November) 0.1983

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2094	0.1948	0.2014
February	0.2005	0.1958	0.1980
March	0.2020	0.1923	0.1979
April	0.2041	0.1970	0.2004
May	0.1999	0.1877	0.1929
June	0.1986	0.1894	0.1945
July	0.2113	0.1952	0.2013
August	0.2050	0.1919	0.1992
September	0.2034	0.1990	0.2013
October	0.2154	0.1988	0.2088
November	0.2167	0.1972	0.2045
December	0.2009	0.1920	0.1963