YEARLY HIGH
0.0163 ILS
YEARLY LOW
0.0134 ILS
YEARLY AVERAGE
0.0147 ILS

2023 YER to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the YER to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on October 26, valuing the pair at 0.0163. Conversely, the yearly low was recorded on January 24, dropping to 0.0134.

This high-to-low spread represents a total annual volatility of 0.0029 ILS. From a start-to-finish perspective, comparing the January average rate of 0.0138 to the December average rate of 0.0146, the exchange rate registered a net change of 6.43% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0163 was up 13.68% compared to the 2022 peak of 0.0143, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 81 ILS
2022 Average 67 ILS
Yearly Trough Low 67 ILS
Transaction Impact: A difference of 14.27 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0161
0.0135
JanuMarcMayJulySeptNove

YER 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 0.0143, compared to 0.0151 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0143
H2 Avg (Jul–Dec) 0.0151

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0013 ILS (High: 0.0160 / Low: 0.0147). On the other end, September was the most stable month, with a tight range of 0.0002 ILS (High: 0.0154 / Low: 0.0152).

November Spread (Volatile) ±0.0013
September Spread (Stable) ±0.0002

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 0.0007 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.0159) against the same month in 2022 (average: 0.0142), the exchange rate shifted by +0.0017 (+12.31%).

2023 Avg (October) 0.0159
2022 Avg (October) 0.0142

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0142 0.0134 0.0138
February 0.0147 0.0135 0.0142
March 0.0147 0.0142 0.0144
April 0.0147 0.0143 0.0145
May 0.0149 0.0145 0.0147
June 0.0150 0.0142 0.0145
July 0.0148 0.0143 0.0146
August 0.0152 0.0145 0.0150
September 0.0154 0.0152 0.0152
October 0.0163 0.0152 0.0159
November 0.0160 0.0147 0.0152
December 0.0149 0.0144 0.0146