YEARLY HIGH
0.3729 ILS
YEARLY LOW
0.3249 ILS
YEARLY AVERAGE
0.3411 ILS

2023 TJS to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TJS to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on October 26, valuing the pair at 0.3729. Conversely, the yearly low was recorded on March 28, dropping to 0.3249.

This high-to-low spread represents a total annual volatility of 0.0480 ILS. From a start-to-finish perspective, comparing the January average rate of 0.3366 to the December average rate of 0.3350, the exchange rate registered a net change of -0.49% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3729 was up 3.00% compared to the 2022 peak of 0.3620, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,864 ILS
2022 Average 1,547 ILS
Yearly Trough Low 1,624 ILS
Transaction Impact: A difference of 240.05 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3657
0.3303
JanuMarcMayJulySeptNove

TJS 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 0.3373, compared to 0.3450 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0077 points.

H1 Avg (Jan–Jun) 0.3373
H2 Avg (Jul–Dec) 0.3450

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0417 ILS (High: 0.3666 / Low: 0.3249). On the other end, September was the most stable month, with a tight range of 0.0053 ILS (High: 0.3508 / Low: 0.3455).

March Spread (Volatile) ±0.0417
September Spread (Stable) ±0.0053

Growth Streaks & Declines

Trends

Between June and October, 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 0.0149 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0149

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.3628) against the same month in 2022 (average: 0.3516), the exchange rate shifted by +0.0112 (+3.18%).

2023 Avg (October) 0.3628
2022 Avg (October) 0.3516

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3479 0.3280 0.3366
February 0.3663 0.3291 0.3412
March 0.3666 0.3249 0.3431
April 0.3377 0.3268 0.3333
May 0.3422 0.3321 0.3362
June 0.3432 0.3253 0.3334
July 0.3416 0.3280 0.3355
August 0.3464 0.3318 0.3412
September 0.3508 0.3455 0.3475
October 0.3729 0.3461 0.3628
November 0.3666 0.3370 0.3479
December 0.3407 0.3284 0.3350