2023 BZD to ILS Historical Review

YEARLY HIGH

2.0229 ILS

YEARLY LOW

1.6687 ILS

YEARLY AVERAGE

1.8293 ILS

2023 BZD to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BZD to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on October 26, valuing the pair at 2.0229. Conversely, the yearly low was recorded on January 23, dropping to 1.6687.

This high-to-low spread represents a total annual volatility of 0.3542 ILS. From a start-to-finish perspective, comparing the January average rate of 1.7086 to the December average rate of 1.8159, the exchange rate registered a net change of 6.28% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.0229 was up 13.56% compared to the 2022 peak of 1.7813, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,114 ILS

2022 Average 8,332 ILS

Yearly Trough Low 8,343 ILS

Transaction Impact: A difference of 1,771.00 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.0020

1.6819

JanuMarcMayJulySeptNove

BZD 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 1.7831, compared to 1.8755 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0924 points.

H1 Avg (Jan–Jun) 1.7831

H2 Avg (Jul–Dec) 1.8755

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.1643 ILS (High: 1.9924 / Low: 1.8280). On the other end, September was the most stable month, with a tight range of 0.0274 ILS (High: 1.9101 / Low: 1.8827).

November Spread (Volatile) ±0.1643

September Spread (Stable) ±0.0274

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 0.0863 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0863

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 1.9754) against the same month in 2022 (average: 1.7586), the exchange rate shifted by +0.2168 (+12.33%).

2023 Avg (October) 1.9754

2022 Avg (October) 1.7586

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.7611	1.6687	1.7086
February	1.8206	1.6822	1.7582
March	1.8390	1.7609	1.7982
April	1.8294	1.7714	1.8051
May	1.8537	1.7994	1.8218
June	1.8604	1.7622	1.8067
July	1.8524	1.7802	1.8209
August	1.8873	1.8033	1.8578
September	1.9101	1.8827	1.8938
October	2.0229	1.8861	1.9754
November	1.9924	1.8280	1.8891
December	1.8465	1.7830	1.8159