2023 ILS to BTN Historical Review

YEARLY HIGH

24.2766 BTN

YEARLY LOW

20.4097 BTN

YEARLY AVERAGE

22.4290 BTN

2023 ILS to BTN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ILS to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 24, valuing the pair at 24.2766. Conversely, the yearly low was recorded on October 26, dropping to 20.4097.

This high-to-low spread represents a total annual volatility of 3.8669 BTN. From a start-to-finish perspective, comparing the January average rate of 23.7610 to the December average rate of 22.7430, the exchange rate registered a net change of -4.28% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 24.2766 was down 1.57% compared to the 2022 peak of 24.6642, 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 121,383 BTN

2022 Average 117,018 BTN

Yearly Trough Low 102,049 BTN

Transaction Impact: A difference of 19,334.28 BTN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

24.0463

20.6219

JanuMarcMayJulySeptNove

ILS to BTN 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 22.8908, compared to 21.9672 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.9236 points.

H1 Avg (Jan–Jun) 22.8908

H2 Avg (Jul–Dec) 21.9672

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 1.8612 BTN (High: 22.6091 / Low: 20.7479). On the other end, September was the most stable month, with a tight range of 0.3347 BTN (High: 21.8911 / Low: 21.5564).

November Spread (Volatile) ±1.8612

September Spread (Stable) ±0.3347

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 0.8425 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.8425

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 23.7610) against the same month in 2022 (average: 23.7295), the exchange rate shifted by +0.0315 (+0.13%).

2023 Avg (January) 23.7610

2022 Avg (January) 23.7295

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	24.2766	23.2980	23.7610
February	24.2305	22.5493	23.3150
March	23.1639	22.2789	22.7400
April	23.0257	22.1977	22.5313
May	22.6617	22.1389	22.4199
June	23.1476	21.9507	22.5776
July	22.9038	21.9652	22.3979
August	22.6736	21.7261	22.1173
September	21.8911	21.5564	21.7497
October	21.8437	20.4097	20.9072
November	22.6091	20.7479	21.8878
December	23.1459	22.3850	22.7430