2023 ILS to BAM Historical Review

YEARLY HIGH

0.5353 BAM

YEARLY LOW

0.4534 BAM

YEARLY AVERAGE

0.4913 BAM

2023 ILS to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ILS to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on January 18, valuing the pair at 0.5353. Conversely, the yearly low was recorded on October 31, dropping to 0.4534.

This high-to-low spread represents a total annual volatility of 0.0819 BAM. From a start-to-finish perspective, comparing the January average rate of 0.5278 to the December average rate of 0.4891, the exchange rate registered a net change of -7.34% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.5353 was down 11.37% compared to the 2022 peak of 0.6040, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,677 BAM

2022 Average 2,769 BAM

Yearly Trough Low 2,267 BAM

Transaction Impact: A difference of 409.43 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.5341

0.4591

JanuMarcMayJulySeptNove

ILS to BAM 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 0.5041, compared to 0.4784 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0257 points.

H1 Avg (Jan–Jun) 0.5041

H2 Avg (Jul–Dec) 0.4784

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 0.0321 BAM (High: 0.4855 / Low: 0.4534). On the other end, December was the most stable month, with a tight range of 0.0100 BAM (High: 0.4930 / Low: 0.4830).

October Spread (Volatile) ±0.0321

December Spread (Stable) ±0.0100

Growth Streaks & Declines

Trends

Between October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0151 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0151

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.5278) against the same month in 2022 (average: 0.5510), the exchange rate shifted by -0.0232 (-4.21%).

2023 Avg (January) 0.5278

2022 Avg (January) 0.5510

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5353	0.5184	0.5278
February	0.5284	0.5028	0.5153
March	0.5185	0.4960	0.5054
April	0.5016	0.4796	0.4903
May	0.4964	0.4837	0.4900
June	0.5090	0.4845	0.4958
July	0.4866	0.4730	0.4825
August	0.4899	0.4723	0.4786
September	0.4853	0.4747	0.4792
October	0.4855	0.4534	0.4653
November	0.4848	0.4611	0.4760
December	0.4930	0.4830	0.4891