YEARLY HIGH
0.0363 ILS
YEARLY LOW
0.0306 ILS
YEARLY AVERAGE
0.0334 ILS

2023 XPF to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the XPF to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on October 23, valuing the pair at 0.0363. Conversely, the yearly low was recorded on January 18, dropping to 0.0306.

This high-to-low spread represents a total annual volatility of 0.0058 ILS. From a start-to-finish perspective, comparing the January average rate of 0.0311 to the December average rate of 0.0335, the exchange rate registered a net change of 7.73% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0363 was up 14.65% compared to the 2022 peak of 0.0317, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 182 ILS
2022 Average 148 ILS
Yearly Trough Low 153 ILS
Transaction Impact: A difference of 28.94 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0356
0.0307
JanuMarcMayJulySeptNove

XPF 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 0.0326, compared to 0.0343 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0017 points.

H1 Avg (Jan–Jun) 0.0326
H2 Avg (Jul–Dec) 0.0343

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 0.0026 ILS (High: 0.0363 / Low: 0.0337). On the other end, December was the most stable month, with a tight range of 0.0007 ILS (High: 0.0339 / Low: 0.0333).

October Spread (Volatile) ±0.0026
December Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between January and April, 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 November and December, when the average rate fell by 0.0009 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.0352) against the same month in 2022 (average: 0.0292), the exchange rate shifted by +0.0060 (+20.70%).

2023 Avg (October) 0.0352
2022 Avg (October) 0.0292

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0316 0.0306 0.0311
February 0.0326 0.0310 0.0318
March 0.0330 0.0317 0.0325
April 0.0342 0.0326 0.0335
May 0.0342 0.0329 0.0335
June 0.0339 0.0322 0.0331
July 0.0344 0.0336 0.0340
August 0.0347 0.0335 0.0342
September 0.0345 0.0337 0.0342
October 0.0363 0.0337 0.0352
November 0.0356 0.0339 0.0345
December 0.0339 0.0333 0.0335