2024 AFN to ILS Historical Review

YEARLY HIGH

0.0577 ILS

YEARLY LOW

0.0486 ILS

YEARLY AVERAGE

0.0525 ILS

2024 AFN to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AFN to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on October 21, valuing the pair at 0.0577. Conversely, the yearly low was recorded on February 3, dropping to 0.0486.

This high-to-low spread represents a total annual volatility of 0.0091 ILS. From a start-to-finish perspective, comparing the January average rate of 0.0519 to the December average rate of 0.0522, the exchange rate registered a net change of 0.66% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0577 was up 4.64% compared to the 2023 peak of 0.0551, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 288 ILS

2023 Average 225 ILS

Yearly Trough Low 243 ILS

Transaction Impact: A difference of 45.37 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0568

0.0492

JanuMarcMayJulySeptNove

AFN 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 0.0515, compared to 0.0536 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0021 points.

H1 Avg (Jan–Jun) 0.0515

H2 Avg (Jul–Dec) 0.0536

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0046 ILS (High: 0.0536 / Low: 0.0490). On the other end, May was the most stable month, with a tight range of 0.0018 ILS (High: 0.0528 / Low: 0.0510).

January Spread (Volatile) ±0.0046

May Spread (Stable) ±0.0018

Growth Streaks & Declines

Trends

Between July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0028 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0028

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 0.0561) against the same month in 2023 (average: 0.0527), the exchange rate shifted by +0.0034 (+6.52%).

2024 Avg (October) 0.0561

2023 Avg (October) 0.0527

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0536	0.0490	0.0519
February	0.0511	0.0486	0.0498
March	0.0518	0.0491	0.0503
April	0.0530	0.0509	0.0524
May	0.0528	0.0510	0.0516
June	0.0538	0.0517	0.0529
July	0.0533	0.0510	0.0519
August	0.0546	0.0511	0.0526
September	0.0552	0.0514	0.0537
October	0.0577	0.0549	0.0561
November	0.0561	0.0534	0.0550
December	0.0537	0.0511	0.0522