2023 SBD to ILS Historical Review

YEARLY HIGH

0.4835 ILS

YEARLY LOW

0.4078 ILS

YEARLY AVERAGE

0.4415 ILS

2023 SBD to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SBD to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on October 23, valuing the pair at 0.4835. Conversely, the yearly low was recorded on January 18, dropping to 0.4078.

This high-to-low spread represents a total annual volatility of 0.0757 ILS. From a start-to-finish perspective, comparing the January average rate of 0.4167 to the December average rate of 0.4332, the exchange rate registered a net change of 3.96% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.4835 was up 9.99% compared to the 2022 peak of 0.4396, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 SBD based on timing:

Yearly Peak High 2,418 ILS

2022 Average 2,063 ILS

Yearly Trough Low 2,039 ILS

Transaction Impact: A difference of 378.48 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.4773

0.4112

JanuMarcMayJulySeptNove

SBD to ILS 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 0.4337, compared to 0.4493 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0156 points.

H1 Avg (Jan–Jun) 0.4337

H2 Avg (Jul–Dec) 0.4493

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0422 ILS (High: 0.4768 / Low: 0.4346). On the other end, September was the most stable month, with a tight range of 0.0066 ILS (High: 0.4588 / Low: 0.4523).

November Spread (Volatile) ±0.0422

September Spread (Stable) ±0.0066

Growth Streaks & Declines

Trends

Between June and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0210 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0210

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.4718) against the same month in 2022 (average: 0.4336), the exchange rate shifted by +0.0382 (+8.81%).

2023 Avg (October) 0.4718

2022 Avg (October) 0.4336

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4297	0.4078	0.4167
February	0.4453	0.4136	0.4304
March	0.4472	0.4305	0.4393
April	0.4424	0.4318	0.4383
May	0.4481	0.4363	0.4408
June	0.4497	0.4265	0.4368
July	0.4453	0.4293	0.4382
August	0.4548	0.4345	0.4475
September	0.4588	0.4523	0.4544
October	0.4835	0.4544	0.4718
November	0.4768	0.4346	0.4508
December	0.4394	0.4271	0.4332