2023 PLN to ILS Historical Review

YEARLY HIGH

0.9723 ILS

YEARLY LOW

0.7711 ILS

YEARLY AVERAGE

0.8789 ILS

2023 PLN to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PLN to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on October 23, valuing the pair at 0.9723. Conversely, the yearly low was recorded on January 18, dropping to 0.7711.

This high-to-low spread represents a total annual volatility of 0.2011 ILS. From a start-to-finish perspective, comparing the January average rate of 0.7946 to the December average rate of 0.9238, the exchange rate registered a net change of 16.26% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.9723 was up 19.19% compared to the 2022 peak of 0.8157, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 PLN based on timing:

Yearly Peak High 19,445 ILS

2022 Average 15,095 ILS

Yearly Trough Low 15,423 ILS

Transaction Impact: A difference of 4,022.66 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.9487

0.7806

JanuMarcMayJulySeptNove

PLN 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 0.8403, compared to 0.9175 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0772 points.

H1 Avg (Jan–Jun) 0.8403

H2 Avg (Jul–Dec) 0.9175

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 0.1023 ILS (High: 0.9723 / Low: 0.8699). On the other end, December was the most stable month, with a tight range of 0.0232 ILS (High: 0.9368 / Low: 0.9136).

October Spread (Volatile) ±0.1023

December Spread (Stable) ±0.0232

Growth Streaks & Declines

Trends

Between January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0304 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0304

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.9325) against the same month in 2022 (average: 0.7258), the exchange rate shifted by +0.2067 (+28.48%).

2023 Avg (October) 0.9325

2022 Avg (October) 0.7258

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8229	0.7711	0.7946
February	0.8250	0.7822	0.7994
March	0.8413	0.8061	0.8251
April	0.8781	0.8319	0.8592
May	0.8881	0.8627	0.8784
June	0.9127	0.8561	0.8853
July	0.9263	0.8990	0.9122
August	0.9252	0.8995	0.9163
September	0.9202	0.8700	0.8859
October	0.9723	0.8699	0.9325
November	0.9509	0.9230	0.9347
December	0.9368	0.9136	0.9238