YEARLY HIGH
1.7288 ILS
YEARLY LOW
1.5382 ILS
YEARLY AVERAGE
1.6456 ILS

2024 FJD to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the FJD to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 1.7288. Conversely, the yearly low was recorded on December 12, dropping to 1.5382.

This high-to-low spread represents a total annual volatility of 0.1906 ILS. From a start-to-finish perspective, comparing the January average rate of 1.6605 to the December average rate of 1.5705, the exchange rate registered a net change of -5.42% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.7288 was down 3.06% compared to the 2023 peak of 1.7833, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 8,644 ILS
2023 Average 8,263 ILS
Yearly Trough Low 7,691 ILS
Transaction Impact: A difference of 952.94 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.7016
1.5586
JanuMarcMayJulySeptNove

FJD 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 1.6423, compared to 1.6488 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0064 points.

H1 Avg (Jan–Jun) 1.6423
H2 Avg (Jul–Dec) 1.6488

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.1039 ILS (High: 1.7288 / Low: 1.6249). On the other end, May was the most stable month, with a tight range of 0.0526 ILS (High: 1.6663 / Low: 1.6137).

October Spread (Volatile) ±0.1039
May Spread (Stable) ±0.0526

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 0.0709 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0709

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 1.6859) against the same month in 2023 (average: 1.7440), the exchange rate shifted by -0.0581 (-3.33%).

2024 Avg (October) 1.6859
2023 Avg (October) 1.7440

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.6942 1.6246 1.6605
February 1.6442 1.5803 1.6202
March 1.6401 1.5846 1.6135
April 1.6908 1.6295 1.6585
May 1.6663 1.6137 1.6408
June 1.6826 1.6239 1.6606
July 1.6870 1.6127 1.6368
August 1.7016 1.6410 1.6682
September 1.7231 1.6374 1.6897
October 1.7288 1.6249 1.6859
November 1.6754 1.6003 1.6414
December 1.6073 1.5382 1.5705