2023 BTN to ILS Historical Review

YEARLY HIGH

0.0490 ILS

YEARLY LOW

0.0412 ILS

YEARLY AVERAGE

0.0446 ILS

2023 BTN to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BTN to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on October 26, valuing the pair at 0.0490. Conversely, the yearly low was recorded on January 24, dropping to 0.0412.

This high-to-low spread represents a total annual volatility of 0.0078 ILS. From a start-to-finish perspective, comparing the January average rate of 0.0421 to the December average rate of 0.0440, the exchange rate registered a net change of 4.48% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0490 was up 9.36% compared to the 2022 peak of 0.0448, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 245 ILS

2022 Average 214 ILS

Yearly Trough Low 206 ILS

Transaction Impact: A difference of 39.02 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0484

0.0415

JanuMarcMayJulySeptNove

BTN 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 0.0437, compared to 0.0456 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0019 points.

H1 Avg (Jan–Jun) 0.0437

H2 Avg (Jul–Dec) 0.0456

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0040 ILS (High: 0.0482 / Low: 0.0442). On the other end, September was the most stable month, with a tight range of 0.0007 ILS (High: 0.0464 / Low: 0.0457).

November Spread (Volatile) ±0.0040

September Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between January and May, 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 0.0021 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0021

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.0479) against the same month in 2022 (average: 0.0430), the exchange rate shifted by +0.0048 (+11.21%).

2023 Avg (October) 0.0479

2022 Avg (October) 0.0430

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0429	0.0412	0.0421
February	0.0443	0.0413	0.0429
March	0.0449	0.0432	0.0440
April	0.0450	0.0434	0.0444
May	0.0452	0.0441	0.0446
June	0.0456	0.0432	0.0443
July	0.0455	0.0437	0.0447
August	0.0460	0.0441	0.0452
September	0.0464	0.0457	0.0460
October	0.0490	0.0458	0.0479
November	0.0482	0.0442	0.0457
December	0.0447	0.0432	0.0440

2023 இந்திய ரூபாய் முதல் பவுண்ட் வரையிலான வரலாற்று ஆய்வு