2023 WST to ILS Historical Review

YEARLY HIGH

1.4870 ILS

YEARLY LOW

1.2470 ILS

YEARLY AVERAGE

1.3490 ILS

2023 WST to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the WST to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on October 19, valuing the pair at 1.4870. Conversely, the yearly low was recorded on January 24, dropping to 1.2470.

This high-to-low spread represents a total annual volatility of 0.2400 ILS. From a start-to-finish perspective, comparing the January average rate of 1.2767 to the December average rate of 1.3086, the exchange rate registered a net change of 2.50% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.4870 was up 10.85% compared to the 2022 peak of 1.3415, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 7,435 ILS

2022 Average 6,277 ILS

Yearly Trough Low 6,235 ILS

Transaction Impact: A difference of 1,199.97 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.4638

1.2597

JanuMarcMayJulySeptNove

WST 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 1.3245, compared to 1.3735 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0490 points.

H1 Avg (Jan–Jun) 1.3245

H2 Avg (Jul–Dec) 1.3735

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.1180 ILS (High: 1.4336 / Low: 1.3156). On the other end, September was the most stable month, with a tight range of 0.0182 ILS (High: 1.4146 / Low: 1.3964).

November Spread (Volatile) ±0.1180

September Spread (Stable) ±0.0182

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 0.0885 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0885

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 1.4468) against the same month in 2022 (average: 1.2626), the exchange rate shifted by +0.1842 (+14.59%).

2023 Avg (October) 1.4468

2022 Avg (October) 1.2626

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.3166	1.2470	1.2767
February	1.3597	1.2569	1.3139
March	1.3607	1.3138	1.3399
April	1.3474	1.3118	1.3337
May	1.3704	1.3288	1.3467
June	1.3761	1.3042	1.3360
July	1.3636	1.3170	1.3455
August	1.3991	1.3376	1.3775
September	1.4146	1.3964	1.4039
October	1.4870	1.4015	1.4468
November	1.4336	1.3156	1.3583
December	1.3300	1.2860	1.3086