YEARLY HIGH
0.4948 ILS
YEARLY LOW
0.4567 ILS
YEARLY AVERAGE
0.4768 ILS

2024 GTQ to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GTQ to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on August 4, valuing the pair at 0.4948. Conversely, the yearly low was recorded on March 1, dropping to 0.4567.

This high-to-low spread represents a total annual volatility of 0.0381 ILS. From a start-to-finish perspective, comparing the January average rate of 0.4744 to the December average rate of 0.4702, the exchange rate registered a net change of -0.88% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4948 was down 4.87% compared to the 2023 peak of 0.5201, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,474 ILS
2023 Average 2,354 ILS
Yearly Trough Low 2,284 ILS
Transaction Impact: A difference of 190.25 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4887
0.4637
JanuMarcMayJulySeptNove

GTQ 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 0.4745, compared to 0.4791 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) 0.4745
H2 Avg (Jul–Dec) 0.4791

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0265 ILS (High: 0.4858 / Low: 0.4592). On the other end, May was the most stable month, with a tight range of 0.0118 ILS (High: 0.4832 / Low: 0.4714).

January Spread (Volatile) ±0.0265
May Spread (Stable) ±0.0118

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 0.0115 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0115

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.4808) against the same month in 2023 (average: 0.4766), the exchange rate shifted by +0.0042 (+0.88%).

2024 Avg (August) 0.4808
2023 Avg (August) 0.4766

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4858 0.4592 0.4744
February 0.4732 0.4575 0.4665
March 0.4743 0.4567 0.4658
April 0.4921 0.4719 0.4831
May 0.4832 0.4714 0.4766
June 0.4855 0.4725 0.4806
July 0.4855 0.4654 0.4733
August 0.4948 0.4683 0.4808
September 0.4897 0.4687 0.4823
October 0.4915 0.4785 0.4866
November 0.4863 0.4706 0.4817
December 0.4776 0.4615 0.4702