2023 BDT to ILS Historical Review

YEARLY HIGH

0.0370 ILS

YEARLY LOW

0.0315 ILS

YEARLY AVERAGE

0.0341 ILS

2023 BDT to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BDT to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on October 26, valuing the pair at 0.0370. Conversely, the yearly low was recorded on February 4, dropping to 0.0315.

This high-to-low spread represents a total annual volatility of 0.0054 ILS. From a start-to-finish perspective, comparing the January average rate of 0.0329 to the December average rate of 0.0333, the exchange rate registered a net change of 1.33% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0370 was down 7.46% compared to the 2022 peak of 0.0400, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 185 ILS

2022 Average 181 ILS

Yearly Trough Low 158 ILS

Transaction Impact: A difference of 27.18 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0364

0.0325

JanuMarcMayJulySeptNove

BDT 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 0.0338, compared to 0.0345 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) 0.0338

H2 Avg (Jul–Dec) 0.0345

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0035 ILS (High: 0.0350 / Low: 0.0315). On the other end, September was the most stable month, with a tight range of 0.0006 ILS (High: 0.0351 / Low: 0.0345).

February Spread (Volatile) ±0.0035

September Spread (Stable) ±0.0006

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 0.0016 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.0361) against the same month in 2022 (average: 0.0346), the exchange rate shifted by +0.0015 (+4.34%).

2023 Avg (October) 0.0361

2022 Avg (October) 0.0346

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0342	0.0316	0.0329
February	0.0350	0.0315	0.0333
March	0.0348	0.0330	0.0341
April	0.0347	0.0333	0.0342
May	0.0348	0.0338	0.0343
June	0.0350	0.0328	0.0337
July	0.0345	0.0331	0.0338
August	0.0348	0.0335	0.0343
September	0.0351	0.0345	0.0348
October	0.0370	0.0345	0.0361
November	0.0364	0.0334	0.0345
December	0.0338	0.0327	0.0333