YEARLY HIGH
2.1291 ILS
YEARLY LOW
1.9784 ILS
YEARLY AVERAGE
2.0551 ILS

2024 AWG to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AWG to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on August 6, valuing the pair at 2.1291. Conversely, the yearly low was recorded on March 2, dropping to 1.9784.

This high-to-low spread represents a total annual volatility of 0.1507 ILS. From a start-to-finish perspective, comparing the January average rate of 2.0588 to the December average rate of 2.0128, the exchange rate registered a net change of -2.24% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.1291 was down 6.02% compared to the 2023 peak of 2.2656, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,646 ILS
2023 Average 10,235 ILS
Yearly Trough Low 9,892 ILS
Transaction Impact: A difference of 753.61 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.0989
2.0049
JanuMarcMayJulySeptNove

AWG 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 2.0523, compared to 2.0579 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0056 points.

H1 Avg (Jan–Jun) 2.0523
H2 Avg (Jul–Dec) 2.0579

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.1136 ILS (High: 2.1291 / Low: 2.0155). On the other end, May was the most stable month, with a tight range of 0.0540 ILS (High: 2.0837 / Low: 2.0297).

August Spread (Volatile) ±0.1136
May Spread (Stable) ±0.0540

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 0.0533 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0533

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 2.0667) against the same month in 2023 (average: 2.0791), the exchange rate shifted by -0.0124 (-0.59%).

2024 Avg (August) 2.0667
2023 Avg (August) 2.0791

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.1090 2.0014 2.0588
February 2.0541 1.9844 2.0233
March 2.0520 1.9784 2.0166
April 2.1252 2.0403 2.0873
May 2.0837 2.0297 2.0551
June 2.0893 2.0351 2.0725
July 2.0942 2.0054 2.0394
August 2.1291 2.0155 2.0667
September 2.1020 2.0171 2.0713
October 2.1200 2.0535 2.0910
November 2.0902 2.0160 2.0661
December 2.0468 1.9790 2.0128