YEARLY HIGH
2.2544 ILS
YEARLY LOW
2.0965 ILS
YEARLY AVERAGE
2.1770 ILS

2024 AZN to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AZN to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on August 6, valuing the pair at 2.2544. Conversely, the yearly low was recorded on December 9, dropping to 2.0965.

This high-to-low spread represents a total annual volatility of 0.1578 ILS. From a start-to-finish perspective, comparing the January average rate of 2.1811 to the December average rate of 2.1314, the exchange rate registered a net change of -2.28% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.2544 was down 6.02% compared to the 2023 peak of 2.3989, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,272 ILS
2023 Average 10,841 ILS
Yearly Trough Low 10,483 ILS
Transaction Impact: A difference of 789.18 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.2234
2.1231
JanuMarcMayJulySeptNove

AZN 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 2.1742, compared to 2.1798 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) 2.1742
H2 Avg (Jul–Dec) 2.1798

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.1203 ILS (High: 2.2544 / Low: 2.1341). On the other end, May was the most stable month, with a tight range of 0.0572 ILS (High: 2.2093 / Low: 2.1521).

August Spread (Volatile) ±0.1203
May Spread (Stable) ±0.0572

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 0.0569 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0569

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 2.1892) against the same month in 2023 (average: 2.2028), the exchange rate shifted by -0.0137 (-0.62%).

2024 Avg (August) 2.1892
2023 Avg (August) 2.2028

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.2331 2.1192 2.1811
February 2.1749 2.1011 2.1436
March 2.1719 2.0977 2.1363
April 2.2502 2.1633 2.2106
May 2.2093 2.1521 2.1775
June 2.2153 2.1578 2.1959
July 2.2189 2.1251 2.1605
August 2.2544 2.1341 2.1892
September 2.2263 2.1357 2.1945
October 2.2447 2.1774 2.2150
November 2.2095 2.1376 2.1883
December 2.1672 2.0965 2.1314