2024 BWP to ILS Historical Review

YEARLY HIGH

0.2894 ILS

YEARLY LOW

0.2588 ILS

YEARLY AVERAGE

0.2730 ILS

2024 BWP to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BWP to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on October 2, valuing the pair at 0.2894. Conversely, the yearly low was recorded on February 29, dropping to 0.2588.

This high-to-low spread represents a total annual volatility of 0.0306 ILS. From a start-to-finish perspective, comparing the January average rate of 0.2731 to the December average rate of 0.2642, the exchange rate registered a net change of -3.26% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2894 was down 2.53% compared to the 2023 peak of 0.2969, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,447 ILS

2023 Average 1,380 ILS

Yearly Trough Low 1,294 ILS

Transaction Impact: A difference of 152.79 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2847

0.2623

JanuMarcMayJulySeptNove

BWP 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 0.2707, compared to 0.2753 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) 0.2707

H2 Avg (Jul–Dec) 0.2753

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0161 ILS (High: 0.2826 / Low: 0.2665). On the other end, December was the most stable month, with a tight range of 0.0069 ILS (High: 0.2676 / Low: 0.2607).

November Spread (Volatile) ±0.0161

December Spread (Stable) ±0.0069

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 0.0106 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0106

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 0.2829) against the same month in 2023 (average: 0.2897), the exchange rate shifted by -0.0068 (-2.36%).

2024 Avg (October) 0.2829

2023 Avg (October) 0.2897

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2777	0.2680	0.2731
February	0.2700	0.2588	0.2658
March	0.2709	0.2590	0.2659
April	0.2772	0.2630	0.2734
May	0.2755	0.2644	0.2721
June	0.2792	0.2680	0.2740
July	0.2788	0.2672	0.2711
August	0.2834	0.2733	0.2774
September	0.2876	0.2733	0.2817
October	0.2894	0.2766	0.2829
November	0.2826	0.2665	0.2748
December	0.2676	0.2607	0.2642