2023 BAM to ILS Historical Review

YEARLY HIGH

2.2054 ILS

YEARLY LOW

1.8681 ILS

YEARLY AVERAGE

2.0382 ILS

2023 BAM to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BAM to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on October 31, valuing the pair at 2.2054. Conversely, the yearly low was recorded on January 18, dropping to 1.8681.

This high-to-low spread represents a total annual volatility of 0.3374 ILS. From a start-to-finish perspective, comparing the January average rate of 1.8947 to the December average rate of 2.0448, the exchange rate registered a net change of 7.92% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.2054 was up 14.56% compared to the 2022 peak of 1.9251, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,027 ILS

2022 Average 9,037 ILS

Yearly Trough Low 9,340 ILS

Transaction Impact: A difference of 1,686.81 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.1757

1.8692

JanuMarcMayJulySeptNove

BAM 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 1.9855, compared to 2.0909 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1054 points.

H1 Avg (Jan–Jun) 1.9855

H2 Avg (Jul–Dec) 2.0909

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 0.1457 ILS (High: 2.2054 / Low: 2.0598). On the other end, December was the most stable month, with a tight range of 0.0422 ILS (High: 2.0706 / Low: 2.0284).

October Spread (Volatile) ±0.1457

December Spread (Stable) ±0.0422

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 0.0565 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0565

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 2.1501) against the same month in 2022 (average: 1.7779), the exchange rate shifted by +0.3723 (+20.94%).

2023 Avg (October) 2.1501

2022 Avg (October) 1.7779

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.9292	1.8681	1.8947
February	1.9890	1.8925	1.9410
March	2.0162	1.9286	1.9789
April	2.0850	1.9937	2.0397
May	2.0673	2.0145	2.0411
June	2.0639	1.9646	2.0175
July	2.1143	2.0550	2.0727
August	2.1172	2.0411	2.0895
September	2.1065	2.0604	2.0870
October	2.2054	2.0598	2.1501
November	2.1687	2.0626	2.1013
December	2.0706	2.0284	2.0448