YEARLY HIGH
2.1612 ILS
YEARLY LOW
1.9148 ILS
YEARLY AVERAGE
2.0481 ILS

2024 BAM to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BAM to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on September 21, valuing the pair at 2.1612. Conversely, the yearly low was recorded on December 12, dropping to 1.9148.

This high-to-low spread represents a total annual volatility of 0.2464 ILS. From a start-to-finish perspective, comparing the January average rate of 2.0696 to the December average rate of 1.9415, the exchange rate registered a net change of -6.19% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.1612 was down 2.01% compared to the 2023 peak of 2.2054, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,806 ILS
2023 Average 10,194 ILS
Yearly Trough Low 9,574 ILS
Transaction Impact: A difference of 1,232.02 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.1372
1.9237
JanuMarcMayJulySeptNove

BAM 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 2.0438, compared to 2.0524 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0086 points.

H1 Avg (Jan–Jun) 2.0438
H2 Avg (Jul–Dec) 2.0524

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.1406 ILS (High: 2.0911 / Low: 1.9506). On the other end, May was the most stable month, with a tight range of 0.0348 ILS (High: 2.0646 / Low: 2.0298).

November Spread (Volatile) ±0.1406
May Spread (Stable) ±0.0348

Growth Streaks & Declines

Trends

Between February and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0815 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0815

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 2.1195) against the same month in 2023 (average: 2.0870), the exchange rate shifted by +0.0325 (+1.56%).

2024 Avg (September) 2.1195
2023 Avg (September) 2.0870

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.1117 2.0207 2.0696
February 2.0348 1.9778 2.0119
March 2.0502 1.9735 2.0189
April 2.0931 2.0292 2.0627
May 2.0646 2.0298 2.0455
June 2.0952 2.0281 2.0544
July 2.0836 2.0078 2.0377
August 2.1427 2.0522 2.0947
September 2.1612 2.0538 2.1195
October 2.1464 2.0468 2.0983
November 2.0911 1.9506 2.0231
December 1.9665 1.9148 1.9415