2023 BRL to ILS Historical Review

YEARLY HIGH

0.8178 ILS

YEARLY LOW

0.6448 ILS

YEARLY AVERAGE

0.7387 ILS

2023 BRL to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BRL to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on October 26, valuing the pair at 0.8178. Conversely, the yearly low was recorded on January 3, dropping to 0.6448.

This high-to-low spread represents a total annual volatility of 0.1730 ILS. From a start-to-finish perspective, comparing the January average rate of 0.6640 to the December average rate of 0.7482, the exchange rate registered a net change of 12.69% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.8178 was up 15.67% compared to the 2022 peak of 0.7070, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 BRL based on timing:

Yearly Peak High 20,444 ILS

2022 Average 16,289 ILS

Yearly Trough Low 16,119 ILS

Transaction Impact: A difference of 4,325.30 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.7984

0.6517

JanuMarcMayJulySeptNove

BRL 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 0.7092, compared to 0.7682 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0590 points.

H1 Avg (Jan–Jun) 0.7092

H2 Avg (Jul–Dec) 0.7682

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 0.0733 ILS (High: 0.8178 / Low: 0.7444). On the other end, December was the most stable month, with a tight range of 0.0238 ILS (High: 0.7616 / Low: 0.7378).

October Spread (Volatile) ±0.0733

December Spread (Stable) ±0.0238

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0278 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0278

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.7862) against the same month in 2022 (average: 0.6732), the exchange rate shifted by +0.1130 (+16.79%).

2023 Avg (October) 0.7862

2022 Avg (October) 0.6732

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6809	0.6448	0.6640
February	0.7063	0.6606	0.6843
March	0.7111	0.6699	0.6938
April	0.7479	0.7049	0.7249
May	0.7498	0.7234	0.7376
June	0.7744	0.7321	0.7504
July	0.7841	0.7461	0.7641
August	0.7831	0.7474	0.7630
September	0.7866	0.7563	0.7717
October	0.8178	0.7444	0.7862
November	0.8101	0.7509	0.7760
December	0.7616	0.7378	0.7482