2024 GMD to ILS Historical Review

YEARLY HIGH

0.0565 ILS

YEARLY LOW

0.0495 ILS

YEARLY AVERAGE

0.0538 ILS

2024 GMD to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GMD to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on January 17, valuing the pair at 0.0565. Conversely, the yearly low was recorded on December 9, dropping to 0.0495.

This high-to-low spread represents a total annual volatility of 0.0069 ILS. From a start-to-finish perspective, comparing the January average rate of 0.0551 to the December average rate of 0.0505, the exchange rate registered a net change of -8.44% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0565 was down 11.12% compared to the 2023 peak of 0.0635, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 282 ILS

2023 Average 296 ILS

Yearly Trough Low 248 ILS

Transaction Impact: A difference of 34.74 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0559

0.0500

JanuMarcMayJulySeptNove

GMD 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 0.0546, compared to 0.0530 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0016 points.

H1 Avg (Jan–Jun) 0.0546

H2 Avg (Jul–Dec) 0.0530

Volatility Range Comparison

Volatility

The most volatile month in 2024 was September, with a trading range of 0.0037 ILS (High: 0.0552 / Low: 0.0515). On the other end, June was the most stable month, with a tight range of 0.0014 ILS (High: 0.0556 / Low: 0.0541).

September Spread (Volatile) ±0.0037

June Spread (Stable) ±0.0014

Growth Streaks & Declines

Trends

Between August and October, 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 October and November, when the average rate fell by 0.0021 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0021

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0551) against the same month in 2023 (average: 0.0555), the exchange rate shifted by -0.0004 (-0.75%).

2024 Avg (January) 0.0551

2023 Avg (January) 0.0555

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0565	0.0535	0.0551
February	0.0549	0.0525	0.0539
March	0.0544	0.0525	0.0535
April	0.0563	0.0542	0.0554
May	0.0554	0.0540	0.0546
June	0.0556	0.0541	0.0551
July	0.0557	0.0533	0.0541
August	0.0551	0.0515	0.0533
September	0.0552	0.0515	0.0536
October	0.0558	0.0531	0.0544
November	0.0531	0.0512	0.0523
December	0.0514	0.0495	0.0505