2023 ILS to BND Historical Review

YEARLY HIGH

0.3923 BND

YEARLY LOW

0.3364 BND

YEARLY AVERAGE

0.3647 BND

2023 ILS to BND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ILS to BND exchange rate experienced significant fluctuation. The market reached its absolute peak on January 24, valuing the pair at 0.3923. Conversely, the yearly low was recorded on October 26, dropping to 0.3364.

This high-to-low spread represents a total annual volatility of 0.0559 BND. From a start-to-finish perspective, comparing the January average rate of 0.3853 to the December average rate of 0.3636, the exchange rate registered a net change of -5.63% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3923 was down 10.80% compared to the 2022 peak of 0.4398, 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 1,961 BND

2022 Average 2,054 BND

Yearly Trough Low 1,682 BND

Transaction Impact: A difference of 279.52 BND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3895

0.3400

JanuMarcMayJulySeptNove

ILS to BND 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 0.3720, compared to 0.3574 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0147 points.

H1 Avg (Jan–Jun) 0.3720

H2 Avg (Jul–Dec) 0.3574

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 0.0219 BND (High: 0.3583 / Low: 0.3364). On the other end, September was the most stable month, with a tight range of 0.0045 BND (High: 0.3588 / Low: 0.3544).

October Spread (Volatile) ±0.0219

September Spread (Stable) ±0.0045

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 0.0128 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0128

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.3853) against the same month in 2022 (average: 0.4306), the exchange rate shifted by -0.0453 (-10.52%).

2023 Avg (January) 0.3853

2022 Avg (January) 0.4306

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3923	0.3774	0.3853
February	0.3870	0.3668	0.3759
March	0.3788	0.3623	0.3706
April	0.3714	0.3595	0.3660
May	0.3693	0.3616	0.3648
June	0.3779	0.3599	0.3697
July	0.3695	0.3576	0.3640
August	0.3680	0.3556	0.3607
September	0.3588	0.3544	0.3570
October	0.3583	0.3364	0.3441
November	0.3626	0.3414	0.3547
December	0.3676	0.3587	0.3636