2023 ILS to BIF Historical Review

YEARLY HIGH

798.4641 BIF

YEARLY LOW

562.4203 BIF

YEARLY AVERAGE

689.3193 BIF

2023 ILS to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ILS to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on June 16, valuing the pair at 798.4641. Conversely, the yearly low was recorded on March 19, dropping to 562.4203.

This high-to-low spread represents a total annual volatility of 236.0437 BIF. From a start-to-finish perspective, comparing the January average rate of 600.8568 to the December average rate of 778.1324, the exchange rate registered a net change of 29.50% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 798.4641 was up 23.29% compared to the 2022 peak of 647.6122, 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 3,992,320 BIF

2022 Average 3,043,516 BIF

Yearly Trough Low 2,812,102 BIF

Transaction Impact: A difference of 1,180,218.74 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

798.7373

551.4785

JanuMarcMayJulySeptNove

ILS to BIF 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 626.8343, compared to 751.8042 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 124.9699 points.

H1 Avg (Jan–Jun) 626.8343

H2 Avg (Jul–Dec) 751.8042

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 205.6537 BIF (High: 772.4546 / Low: 566.8009). On the other end, September was the most stable month, with a tight range of 12.1496 BIF (High: 747.6626 / Low: 735.5129).

May Spread (Volatile) ±205.6537

September Spread (Stable) ±12.1496

Growth Streaks & Declines

Trends

Between April and June, 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 29.4216 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -29.4216

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 777.2386) against the same month in 2022 (average: 601.5061), the exchange rate shifted by +175.7325 (+29.22%).

2023 Avg (June) 777.2386

2022 Avg (June) 601.5061

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	615.2779	582.6008	600.8568
February	611.4130	562.7398	585.2726
March	585.9521	562.4203	574.3222
April	582.2440	564.6343	572.0834
May	772.4546	566.8009	651.2324
June	798.4641	753.1988	777.2386
July	789.5805	757.1042	771.9185
August	779.0749	743.9799	756.9612
September	747.6626	735.5129	743.0737
October	745.9865	697.1038	713.6520
November	772.4524	707.1156	747.0877
December	792.5778	764.6670	778.1324