2023 BBD to ILS Historical Review

YEARLY HIGH

2.0391 ILS

YEARLY LOW

1.6819 ILS

YEARLY AVERAGE

1.8427 ILS

2023 BBD to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BBD to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on October 26, valuing the pair at 2.0391. Conversely, the yearly low was recorded on January 24, dropping to 1.6819.

This high-to-low spread represents a total annual volatility of 0.3571 ILS. From a start-to-finish perspective, comparing the January average rate of 1.7220 to the December average rate of 1.8321, the exchange rate registered a net change of 6.39% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.0391 was up 13.73% compared to the 2022 peak of 1.7929, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,195 ILS

2022 Average 8,397 ILS

Yearly Trough Low 8,410 ILS

Transaction Impact: A difference of 1,785.55 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.0162

1.6953

JanuMarcMayJulySeptNove

BBD 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 1.7959, compared to 1.8895 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0936 points.

H1 Avg (Jan–Jun) 1.7959

H2 Avg (Jul–Dec) 1.8895

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.1652 ILS (High: 2.0071 / Low: 1.8418). On the other end, September was the most stable month, with a tight range of 0.0248 ILS (High: 1.9227 / Low: 1.8980).

November Spread (Volatile) ±0.1652

September Spread (Stable) ±0.0248

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 0.0878 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0878

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 1.9895) against the same month in 2022 (average: 1.7708), the exchange rate shifted by +0.2187 (+12.35%).

2023 Avg (October) 1.9895

2022 Avg (October) 1.7708

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.7758	1.6819	1.7220
February	1.8339	1.6953	1.7721
March	1.8352	1.7720	1.8078
April	1.8361	1.7877	1.8174
May	1.8675	1.8108	1.8352
June	1.8753	1.7773	1.8206
July	1.8583	1.7947	1.8330
August	1.9018	1.8182	1.8724
September	1.9227	1.8980	1.9083
October	2.0391	1.9049	1.9895
November	2.0071	1.8418	1.9016
December	1.8620	1.8004	1.8321