2023 SVC to ILS Historical Review

YEARLY HIGH

0.4660 ILS

YEARLY LOW

0.3844 ILS

YEARLY AVERAGE

0.4214 ILS

2023 SVC to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SVC to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on October 26, valuing the pair at 0.4660. Conversely, the yearly low was recorded on January 23, dropping to 0.3844.

This high-to-low spread represents a total annual volatility of 0.0816 ILS. From a start-to-finish perspective, comparing the January average rate of 0.3936 to the December average rate of 0.4183, the exchange rate registered a net change of 6.28% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.4660 was up 13.56% compared to the 2022 peak of 0.4104, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,330 ILS

2022 Average 1,919 ILS

Yearly Trough Low 1,922 ILS

Transaction Impact: A difference of 408.00 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.4612

0.3875

JanuMarcMayJulySeptNove

SVC 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 0.4107, compared to 0.4321 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0214 points.

H1 Avg (Jan–Jun) 0.4107

H2 Avg (Jul–Dec) 0.4321

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0379 ILS (High: 0.4590 / Low: 0.4211). On the other end, September was the most stable month, with a tight range of 0.0063 ILS (High: 0.4400 / Low: 0.4337).

November Spread (Volatile) ±0.0379

September Spread (Stable) ±0.0063

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 0.0199 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0199

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.4551) against the same month in 2022 (average: 0.4048), the exchange rate shifted by +0.0502 (+12.41%).

2023 Avg (October) 0.4551

2022 Avg (October) 0.4048

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4057	0.3844	0.3936
February	0.4194	0.3875	0.4050
March	0.4236	0.4056	0.4138
April	0.4214	0.4081	0.4159
May	0.4270	0.4145	0.4197
June	0.4286	0.4060	0.4162
July	0.4267	0.4101	0.4195
August	0.4349	0.4154	0.4280
September	0.4400	0.4337	0.4363
October	0.4660	0.4345	0.4551
November	0.4590	0.4211	0.4352
December	0.4254	0.4107	0.4183