YEARLY HIGH
0.1118 ILS
YEARLY LOW
0.0911 ILS
YEARLY AVERAGE
0.1002 ILS

2023 UAH to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the UAH to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on October 26, valuing the pair at 0.1118. Conversely, the yearly low was recorded on January 23, dropping to 0.0911.

This high-to-low spread represents a total annual volatility of 0.0207 ILS. From a start-to-finish perspective, comparing the January average rate of 0.0937 to the December average rate of 0.0985, the exchange rate registered a net change of 5.17% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1118 was down 6.52% compared to the 2022 peak of 0.1196, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 559 ILS
2022 Average 520 ILS
Yearly Trough Low 455 ILS
Transaction Impact: A difference of 103.45 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1105
0.0922
JanuMarcMayJulySeptNove

UAH 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 0.0975, compared to 0.1029 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0054 points.

H1 Avg (Jan–Jun) 0.0975
H2 Avg (Jul–Dec) 0.1029

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0092 ILS (High: 0.1105 / Low: 0.1013). On the other end, September was the most stable month, with a tight range of 0.0015 ILS (High: 0.1043 / Low: 0.1028).

November Spread (Volatile) ±0.0092
September Spread (Stable) ±0.0015

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 November and December, when the average rate fell by 0.0067 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0067

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.1090) against the same month in 2022 (average: 0.0960), the exchange rate shifted by +0.0130 (+13.60%).

2023 Avg (October) 0.1090
2022 Avg (October) 0.0960

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0966 0.0911 0.0937
February 0.0999 0.0919 0.0963
March 0.1004 0.0961 0.0981
April 0.0998 0.0970 0.0987
May 0.1015 0.0982 0.0995
June 0.1015 0.0962 0.0986
July 0.1011 0.0972 0.0995
August 0.1030 0.0984 0.1014
September 0.1043 0.1028 0.1034
October 0.1118 0.1029 0.1090
November 0.1105 0.1013 0.1053
December 0.1019 0.0945 0.0985