2023 ILS to BZD Historical Review

YEARLY HIGH

0.5993 BZD

YEARLY LOW

0.4943 BZD

YEARLY AVERAGE

0.5475 BZD

2023 ILS to BZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ILS to BZD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 23, valuing the pair at 0.5993. Conversely, the yearly low was recorded on October 26, dropping to 0.4943.

This high-to-low spread represents a total annual volatility of 0.1049 BZD. From a start-to-finish perspective, comparing the January average rate of 0.5854 to the December average rate of 0.5508, the exchange rate registered a net change of -5.92% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.5993 was down 8.22% compared to the 2022 peak of 0.6529, 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 2,996 BZD

2022 Average 3,005 BZD

Yearly Trough Low 2,472 BZD

Transaction Impact: A difference of 524.65 BZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.5933

0.4986

JanuMarcMayJulySeptNove

ILS to BZD 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 0.5612, compared to 0.5338 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0275 points.

H1 Avg (Jan–Jun) 0.5612

H2 Avg (Jul–Dec) 0.5338

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0452 BZD (High: 0.5945 / Low: 0.5493). On the other end, September was the most stable month, with a tight range of 0.0076 BZD (High: 0.5312 / Low: 0.5235).

February Spread (Volatile) ±0.0452

September Spread (Stable) ±0.0076

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 0.0216 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0216

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.5854) against the same month in 2022 (average: 0.6427), the exchange rate shifted by -0.0573 (-8.91%).

2023 Avg (January) 0.5854

2022 Avg (January) 0.6427

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5993	0.5678	0.5854
February	0.5945	0.5493	0.5691
March	0.5679	0.5438	0.5562
April	0.5645	0.5466	0.5540
May	0.5557	0.5395	0.5490
June	0.5675	0.5375	0.5536
July	0.5617	0.5399	0.5493
August	0.5545	0.5299	0.5384
September	0.5312	0.5235	0.5280
October	0.5302	0.4943	0.5065
November	0.5470	0.5019	0.5297
December	0.5609	0.5416	0.5508