2023 SRD to ILS Historical Review

YEARLY HIGH

0.1124 ILS

YEARLY LOW

0.0933 ILS

YEARLY AVERAGE

0.1009 ILS

2023 SRD to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SRD to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.1124. Conversely, the yearly low was recorded on July 19, dropping to 0.0933.

This high-to-low spread represents a total annual volatility of 0.0191 ILS. From a start-to-finish perspective, comparing the January average rate of 0.1083 to the December average rate of 0.0981, the exchange rate registered a net change of -9.42% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1124 was down 32.30% compared to the 2022 peak of 0.1660, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 562 ILS

2022 Average 707 ILS

Yearly Trough Low 467 ILS

Transaction Impact: A difference of 95.32 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1094

0.0953

JanuMarcMayJulySeptNove

SRD 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 0.1024, compared to 0.0994 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0030 points.

H1 Avg (Jan–Jun) 0.1024

H2 Avg (Jul–Dec) 0.0994

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0101 ILS (High: 0.1095 / Low: 0.0994). On the other end, September was the most stable month, with a tight range of 0.0017 ILS (High: 0.1005 / Low: 0.0988).

March Spread (Volatile) ±0.0101

September Spread (Stable) ±0.0017

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 March and April, when the average rate fell by 0.0057 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0057

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.1083) against the same month in 2022 (average: 0.1483), the exchange rate shifted by -0.0400 (-26.97%).

2023 Avg (January) 0.1083

2022 Avg (January) 0.1483

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1124	0.1042	0.1083
February	0.1094	0.1059	0.1080
March	0.1095	0.0994	0.1046
April	0.1005	0.0973	0.0988
May	0.1002	0.0963	0.0983
June	0.1005	0.0937	0.0966
July	0.1001	0.0933	0.0965
August	0.0996	0.0943	0.0978
September	0.1005	0.0988	0.0996
October	0.1070	0.0994	0.1043
November	0.1053	0.0972	0.1001
December	0.0991	0.0972	0.0981