2024 CVE to ILS Historical Review

YEARLY HIGH

0.0383 ILS

YEARLY LOW

0.0340 ILS

YEARLY AVERAGE

0.0363 ILS

2024 CVE to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CVE to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on September 22, valuing the pair at 0.0383. Conversely, the yearly low was recorded on December 12, dropping to 0.0340.

This high-to-low spread represents a total annual volatility of 0.0043 ILS. From a start-to-finish perspective, comparing the January average rate of 0.0367 to the December average rate of 0.0344, the exchange rate registered a net change of -6.11% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0383 was down 2.21% compared to the 2023 peak of 0.0391, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 191 ILS

2023 Average 181 ILS

Yearly Trough Low 170 ILS

Transaction Impact: A difference of 21.60 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0378

0.0341

JanuMarcMayJulySeptNove

CVE 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 0.0362, compared to 0.0364 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0362

H2 Avg (Jul–Dec) 0.0364

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0025 ILS (High: 0.0370 / Low: 0.0345). On the other end, May was the most stable month, with a tight range of 0.0007 ILS (High: 0.0366 / Low: 0.0359).

November Spread (Volatile) ±0.0025

May Spread (Stable) ±0.0007

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 0.0014 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0014

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.0375) against the same month in 2023 (average: 0.0370), the exchange rate shifted by +0.0006 (+1.57%).

2024 Avg (September) 0.0375

2023 Avg (September) 0.0370

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0375	0.0358	0.0367
February	0.0360	0.0350	0.0356
March	0.0364	0.0349	0.0358
April	0.0372	0.0358	0.0366
May	0.0366	0.0359	0.0362
June	0.0370	0.0360	0.0364
July	0.0369	0.0355	0.0361
August	0.0380	0.0363	0.0371
September	0.0383	0.0364	0.0375
October	0.0381	0.0363	0.0372
November	0.0370	0.0345	0.0359
December	0.0349	0.0340	0.0344