YEARLY HIGH
0.0071 ILS
YEARLY LOW
0.0059 ILS
YEARLY AVERAGE
0.0065 ILS

2023 SOS to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SOS to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on October 26, valuing the pair at 0.0071. Conversely, the yearly low was recorded on January 24, dropping to 0.0059.

This high-to-low spread represents a total annual volatility of 0.0012 ILS. From a start-to-finish perspective, comparing the January average rate of 0.0061 to the December average rate of 0.0064, the exchange rate registered a net change of 5.82% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0071 was up 12.18% compared to the 2022 peak of 0.0064, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 36 ILS
2022 Average 29 ILS
Yearly Trough Low 30 ILS
Transaction Impact: A difference of 6.09 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0071
0.0060
JanuMarcMayJulySeptNove

SOS 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 0.0063, compared to 0.0066 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0063
H2 Avg (Jul–Dec) 0.0066

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0006 ILS (High: 0.0070 / Low: 0.0064). On the other end, September was the most stable month, with a tight range of 0.0001 ILS (High: 0.0068 / Low: 0.0066).

November Spread (Volatile) ±0.0006
September Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0003 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.0070) against the same month in 2022 (average: 0.0062), the exchange rate shifted by +0.0007 (+11.84%).

2023 Avg (October) 0.0070
2022 Avg (October) 0.0062

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0062 0.0059 0.0061
February 0.0065 0.0060 0.0062
March 0.0065 0.0062 0.0064
April 0.0065 0.0063 0.0064
May 0.0066 0.0064 0.0065
June 0.0066 0.0062 0.0064
July 0.0066 0.0063 0.0064
August 0.0067 0.0064 0.0066
September 0.0068 0.0066 0.0067
October 0.0071 0.0067 0.0070
November 0.0070 0.0064 0.0067
December 0.0065 0.0063 0.0064