2023 ILS to BOB Historical Review

YEARLY HIGH

2.0544 BOB

YEARLY LOW

1.6946 BOB

YEARLY AVERAGE

1.8772 BOB

2023 ILS to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ILS to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on January 23, valuing the pair at 2.0544. Conversely, the yearly low was recorded on October 26, dropping to 1.6946.

This high-to-low spread represents a total annual volatility of 0.3599 BOB. From a start-to-finish perspective, comparing the January average rate of 2.0068 to the December average rate of 1.8883, the exchange rate registered a net change of -5.91% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.0544 was down 8.02% compared to the 2022 peak of 2.2335, 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 10,272 BOB

2022 Average 10,276 BOB

Yearly Trough Low 8,473 BOB

Transaction Impact: A difference of 1,799.34 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.0339

1.7091

JanuMarcMayJulySeptNove

ILS to BOB 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 1.9245, compared to 1.8299 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0947 points.

H1 Avg (Jan–Jun) 1.9245

H2 Avg (Jul–Dec) 1.8299

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.1550 BOB (High: 2.0379 / Low: 1.8829). On the other end, September was the most stable month, with a tight range of 0.0261 BOB (High: 1.8208 / Low: 1.7947).

February Spread (Volatile) ±0.1550

September Spread (Stable) ±0.0261

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 0.0740 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0740

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 2.0068) against the same month in 2022 (average: 2.1970), the exchange rate shifted by -0.1902 (-8.66%).

2023 Avg (January) 2.0068

2022 Avg (January) 2.1970

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.0544	1.9467	2.0068
February	2.0379	1.8829	1.9509
March	1.9470	1.8641	1.9088
April	1.9363	1.8738	1.9008
May	1.9052	1.8493	1.8820
June	1.9453	1.8426	1.8979
July	1.9270	1.8507	1.8833
August	1.9011	1.8163	1.8456
September	1.8208	1.7947	1.8101
October	1.8176	1.6946	1.7362
November	1.8751	1.7204	1.8158
December	1.9227	1.8564	1.8883