2024 BOB to ILS Historical Review

YEARLY HIGH

0.5549 ILS

YEARLY LOW

0.5150 ILS

YEARLY AVERAGE

0.5354 ILS

2024 BOB to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BOB to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on August 4, valuing the pair at 0.5549. Conversely, the yearly low was recorded on December 9, dropping to 0.5150.

This high-to-low spread represents a total annual volatility of 0.0399 ILS. From a start-to-finish perspective, comparing the January average rate of 0.5368 to the December average rate of 0.5244, the exchange rate registered a net change of -2.31% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.5549 was down 5.97% compared to the 2023 peak of 0.5901, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,775 ILS

2023 Average 2,668 ILS

Yearly Trough Low 2,575 ILS

Transaction Impact: A difference of 199.32 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.5462

0.5224

JanuMarcMayJulySeptNove

BOB 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 0.5348, compared to 0.5361 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0013 points.

H1 Avg (Jan–Jun) 0.5348

H2 Avg (Jul–Dec) 0.5361

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0306 ILS (High: 0.5549 / Low: 0.5243). On the other end, May was the most stable month, with a tight range of 0.0136 ILS (High: 0.5436 / Low: 0.5300).

August Spread (Volatile) ±0.0306

May Spread (Stable) ±0.0136

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 0.0133 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0133

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.5390) against the same month in 2023 (average: 0.5420), the exchange rate shifted by -0.0030 (-0.55%).

2024 Avg (August) 0.5390

2023 Avg (August) 0.5420

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5494	0.5199	0.5368
February	0.5329	0.5167	0.5272
March	0.5333	0.5163	0.5258
April	0.5502	0.5305	0.5431
May	0.5436	0.5300	0.5357
June	0.5453	0.5312	0.5402
July	0.5459	0.5229	0.5316
August	0.5549	0.5243	0.5390
September	0.5474	0.5247	0.5396
October	0.5501	0.5352	0.5442
November	0.5436	0.5249	0.5376
December	0.5329	0.5150	0.5244