YEARLY HIGH
0.0517 ILS
YEARLY LOW
0.0373 ILS
YEARLY AVERAGE
0.0435 ILS

2023 RUB to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RUB to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on January 15, valuing the pair at 0.0517. Conversely, the yearly low was recorded on August 12, dropping to 0.0373.

This high-to-low spread represents a total annual volatility of 0.0145 ILS. From a start-to-finish perspective, comparing the January average rate of 0.0492 to the December average rate of 0.0402, the exchange rate registered a net change of -18.27% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0517 was down 21.49% compared to the 2022 peak of 0.0659, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 259 ILS
2022 Average 250 ILS
Yearly Trough Low 186 ILS
Transaction Impact: A difference of 72.30 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0503
0.0381
JanuMarcMayJulySeptNove

RUB 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 0.0466, compared to 0.0404 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0062 points.

H1 Avg (Jan–Jun) 0.0466
H2 Avg (Jul–Dec) 0.0404

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 0.0053 ILS (High: 0.0435 / Low: 0.0382). On the other end, September was the most stable month, with a tight range of 0.0014 ILS (High: 0.0402 / Low: 0.0388).

October Spread (Volatile) ±0.0053
September Spread (Stable) ±0.0014

Growth Streaks & Declines

Trends

Between August and November, 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 June and July, when the average rate fell by 0.0032 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0032

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0492) against the same month in 2022 (average: 0.0410), the exchange rate shifted by +0.0083 (+20.18%).

2023 Avg (January) 0.0492
2022 Avg (January) 0.0410

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0517 0.0478 0.0492
February 0.0494 0.0474 0.0482
March 0.0487 0.0463 0.0474
April 0.0464 0.0443 0.0449
May 0.0479 0.0449 0.0464
June 0.0464 0.0418 0.0437
July 0.0422 0.0392 0.0405
August 0.0406 0.0373 0.0391
September 0.0402 0.0388 0.0395
October 0.0435 0.0382 0.0410
November 0.0433 0.0413 0.0420
December 0.0413 0.0390 0.0402