2024 CAD to ILS Historical Review

YEARLY HIGH

2.8116 ILS

YEARLY LOW

2.4795 ILS

YEARLY AVERAGE

2.7016 ILS

2024 CAD to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CAD to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on January 17, valuing the pair at 2.8116. Conversely, the yearly low was recorded on December 18, dropping to 2.4795.

This high-to-low spread represents a total annual volatility of 0.3321 ILS. From a start-to-finish perspective, comparing the January average rate of 2.7638 to the December average rate of 2.5407, the exchange rate registered a net change of -8.07% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.8116 was down 5.29% compared to the 2023 peak of 2.9686, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 14,058 ILS

2023 Average 13,650 ILS

Yearly Trough Low 12,398 ILS

Transaction Impact: A difference of 1,660.45 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.7861

2.5184

JanuMarcMayJulySeptNove

CAD 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 2.7212, compared to 2.6821 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0390 points.

H1 Avg (Jan–Jun) 2.7212

H2 Avg (Jul–Dec) 2.6821

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.1486 ILS (High: 2.8097 / Low: 2.6611). On the other end, May was the most stable month, with a tight range of 0.0644 ILS (High: 2.7377 / Low: 2.6732).

October Spread (Volatile) ±0.1486

May Spread (Stable) ±0.0644

Growth Streaks & Declines

Trends

Between July and September, 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 0.1199 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.1199

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 2.7638) against the same month in 2023 (average: 2.5663), the exchange rate shifted by +0.1975 (+7.70%).

2024 Avg (January) 2.7638

2023 Avg (January) 2.5663

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.8116	2.7096	2.7638
February	2.7469	2.6325	2.7004
March	2.7317	2.6263	2.6829
April	2.8011	2.7092	2.7476
May	2.7377	2.6732	2.7085
June	2.7525	2.6868	2.7237
July	2.7620	2.6318	2.6780
August	2.7794	2.6815	2.7230
September	2.7990	2.6912	2.7535
October	2.8097	2.6611	2.7368
November	2.7081	2.5842	2.6606
December	2.5989	2.4795	2.5407