YEARLY HIGH
1.9162 ILS
YEARLY LOW
1.7821 ILS
YEARLY AVERAGE
1.8506 ILS

2024 BBD to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BBD to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on August 6, valuing the pair at 1.9162. Conversely, the yearly low was recorded on December 9, dropping to 1.7821.

This high-to-low spread represents a total annual volatility of 0.1342 ILS. From a start-to-finish perspective, comparing the January average rate of 1.8543 to the December average rate of 1.8117, the exchange rate registered a net change of -2.30% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.9162 was down 6.02% compared to the 2023 peak of 2.0391, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 9,581 ILS
2023 Average 9,215 ILS
Yearly Trough Low 8,910 ILS
Transaction Impact: A difference of 670.80 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.8899
1.8046
JanuMarcMayJulySeptNove

BBD 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 1.8483, compared to 1.8528 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0046 points.

H1 Avg (Jan–Jun) 1.8483
H2 Avg (Jul–Dec) 1.8528

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.1023 ILS (High: 1.9162 / Low: 1.8139). On the other end, May was the most stable month, with a tight range of 0.0486 ILS (High: 1.8779 / Low: 1.8293).

August Spread (Volatile) ±0.1023
May Spread (Stable) ±0.0486

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 0.0484 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0484

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 1.8608) against the same month in 2023 (average: 1.8724), the exchange rate shifted by -0.0116 (-0.62%).

2024 Avg (August) 1.8608
2023 Avg (August) 1.8724

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.8981 1.8013 1.8543
February 1.8487 1.7860 1.8220
March 1.8468 1.7831 1.8164
April 1.9127 1.8388 1.8794
May 1.8779 1.8293 1.8509
June 1.8830 1.8341 1.8665
July 1.8861 1.8064 1.8364
August 1.9162 1.8139 1.8608
September 1.8924 1.8154 1.8653
October 1.9080 1.8508 1.8828
November 1.8780 1.8169 1.8601
December 1.8421 1.7821 1.8117