YEARLY HIGH
0.6032 BGN
YEARLY LOW
0.5182 BGN
YEARLY AVERAGE
0.5537 BGN

2022 ILS to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the ILS to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 26, valuing the pair at 0.6032. Conversely, the yearly low was recorded on December 31, dropping to 0.5182.

This high-to-low spread represents a total annual volatility of 0.0851 BGN. From a start-to-finish perspective, comparing the January average rate of 0.5510 to the December average rate of 0.5349, the exchange rate registered a net change of -2.92% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.6032 was up 7.03% compared to the 2021 peak of 0.5636, 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 3,016 BGN
2021 Average 2,561 BGN
Yearly Trough Low 2,591 BGN
Transaction Impact: A difference of 425.30 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.5928
0.5296
JanuMarcMayJulySeptNove

ILS to BGN 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 0.5472, compared to 0.5603 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0131 points.

H1 Avg (Jan–Jun) 0.5472
H2 Avg (Jul–Dec) 0.5603

Volatility Range Comparison

Volatility

The most volatile month in 2022 was August, with a trading range of 0.0357 BGN (High: 0.6032 / Low: 0.5675). On the other end, April was the most stable month, with a tight range of 0.0108 BGN (High: 0.5635 / Low: 0.5528).

August Spread (Volatile) ±0.0357
April Spread (Stable) ±0.0108

Growth Streaks & Declines

Trends

Between February and April, 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 November and December, when the average rate fell by 0.0162 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0162

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2022: 0.5876) against the same month in 2021 (average: 0.5154), the exchange rate shifted by +0.0721 (+13.99%).

2022 Avg (August) 0.5876
2021 Avg (August) 0.5154

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5617 0.5431 0.5510
February 0.5479 0.5306 0.5360
March 0.5538 0.5430 0.5480
April 0.5635 0.5528 0.5574
May 0.5557 0.5363 0.5476
June 0.5510 0.5329 0.5430
July 0.5628 0.5329 0.5545
August 0.6032 0.5675 0.5876
September 0.5829 0.5587 0.5724
October 0.5672 0.5550 0.5615
November 0.5643 0.5431 0.5510
December 0.5505 0.5182 0.5349