2023 ILS to BBD Historical Review

YEARLY HIGH

0.5946 BBD

YEARLY LOW

0.4904 BBD

YEARLY AVERAGE

0.5435 BBD

2023 ILS to BBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ILS to BBD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 24, valuing the pair at 0.5946. Conversely, the yearly low was recorded on October 26, dropping to 0.4904.

This high-to-low spread represents a total annual volatility of 0.1041 BBD. From a start-to-finish perspective, comparing the January average rate of 0.5808 to the December average rate of 0.5459, the exchange rate registered a net change of -6.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.5946 was down 8.27% compared to the 2022 peak of 0.6481, 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 2,973 BBD

2022 Average 2,982 BBD

Yearly Trough Low 2,452 BBD

Transaction Impact: A difference of 520.64 BBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.5886

0.4951

JanuMarcMayJulySeptNove

ILS to BBD 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 0.5572, compared to 0.5298 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0274 points.

H1 Avg (Jan–Jun) 0.5572

H2 Avg (Jul–Dec) 0.5298

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0447 BBD (High: 0.5429 / Low: 0.4982). On the other end, September was the most stable month, with a tight range of 0.0068 BBD (High: 0.5269 / Low: 0.5201).

November Spread (Volatile) ±0.0447

September Spread (Stable) ±0.0068

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 September and October, when the average rate fell by 0.0212 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0212

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.5808) against the same month in 2022 (average: 0.6378), the exchange rate shifted by -0.0569 (-8.93%).

2023 Avg (January) 0.5808

2022 Avg (January) 0.6378

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5946	0.5631	0.5808
February	0.5899	0.5453	0.5646
March	0.5643	0.5449	0.5532
April	0.5594	0.5446	0.5503
May	0.5522	0.5355	0.5449
June	0.5627	0.5332	0.5494
July	0.5572	0.5381	0.5456
August	0.5500	0.5258	0.5342
September	0.5269	0.5201	0.5240
October	0.5249	0.4904	0.5029
November	0.5429	0.4982	0.5262
December	0.5554	0.5371	0.5459