2023 ILS to NZD Historical Review

YEARLY HIGH

0.4626 NZD

YEARLY LOW

0.4190 NZD

YEARLY AVERAGE

0.4423 NZD

2023 ILS to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ILS to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 0.4626. Conversely, the yearly low was recorded on October 10, dropping to 0.4190.

This high-to-low spread represents a total annual volatility of 0.0436 NZD. From a start-to-finish perspective, comparing the January average rate of 0.4534 to the December average rate of 0.4382, the exchange rate registered a net change of -3.34% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.4626 was down 8.81% compared to the 2022 peak of 0.5073, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,313 NZD

2022 Average 2,348 NZD

Yearly Trough Low 2,095 NZD

Transaction Impact: A difference of 218.07 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.4561

0.4238

JanuMarcMayJulySeptNove

ILS to NZD 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 0.4464, compared to 0.4383 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0081 points.

H1 Avg (Jan–Jun) 0.4464

H2 Avg (Jul–Dec) 0.4383

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0256 NZD (High: 0.4493 / Low: 0.4238). On the other end, December was the most stable month, with a tight range of 0.0078 NZD (High: 0.4408 / Low: 0.4331).

November Spread (Volatile) ±0.0256

December Spread (Stable) ±0.0078

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0155 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0155

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.4494) against the same month in 2022 (average: 0.4659), the exchange rate shifted by -0.0165 (-3.54%).

2023 Avg (February) 0.4494

2022 Avg (February) 0.4659

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4596	0.4466	0.4534
February	0.4626	0.4421	0.4494
March	0.4592	0.4347	0.4457
April	0.4504	0.4336	0.4431
May	0.4479	0.4303	0.4390
June	0.4560	0.4392	0.4477
July	0.4481	0.4328	0.4384
August	0.4495	0.4405	0.4460
September	0.4471	0.4363	0.4420
October	0.4396	0.4190	0.4265
November	0.4493	0.4238	0.4386
December	0.4408	0.4331	0.4382