YEARLY HIGH
2.4520 SBD
YEARLY LOW
2.0682 SBD
YEARLY AVERAGE
2.2673 SBD

2023 ILS to SBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ILS to SBD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 18, valuing the pair at 2.4520. Conversely, the yearly low was recorded on October 23, dropping to 2.0682.

This high-to-low spread represents a total annual volatility of 0.3839 SBD. From a start-to-finish perspective, comparing the January average rate of 2.4002 to the December average rate of 2.3085, the exchange rate registered a net change of -3.82% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.4520 was down 6.36% compared to the 2022 peak of 2.6187, 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 12,260 SBD
2022 Average 12,130 SBD
Yearly Trough Low 10,341 SBD
Transaction Impact: A difference of 1,919.37 SBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.4281
2.0925
JanuMarcMayJulySeptNove

ILS to SBD 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 2.3068, compared to 2.2278 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0790 points.

H1 Avg (Jan–Jun) 2.3068
H2 Avg (Jul–Dec) 2.2278

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.2035 SBD (High: 2.3008 / Low: 2.0973). On the other end, September was the most stable month, with a tight range of 0.0317 SBD (High: 2.2111 / Low: 2.1794).

November Spread (Volatile) ±0.2035
September Spread (Stable) ±0.0317

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 0.0805 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0805

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 2.4002) against the same month in 2022 (average: 2.5752), the exchange rate shifted by -0.1750 (-6.80%).

2023 Avg (January) 2.4002
2022 Avg (January) 2.5752

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.4520 2.3270 2.4002
February 2.4177 2.2455 2.3242
March 2.3229 2.2361 2.2764
April 2.3159 2.2602 2.2814
May 2.2918 2.2314 2.2687
June 2.3447 2.2239 2.2899
July 2.3295 2.2456 2.2822
August 2.3014 2.1988 2.2352
September 2.2111 2.1794 2.2009
October 2.2005 2.0682 2.1204
November 2.3008 2.0973 2.2197
December 2.3412 2.2758 2.3085