2024 HKD to ILS Historical Review

YEARLY HIGH

0.4917 ILS

YEARLY LOW

0.4555 ILS

YEARLY AVERAGE

0.4743 ILS

2024 HKD to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HKD to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on August 6, valuing the pair at 0.4917. Conversely, the yearly low was recorded on March 1, dropping to 0.4555.

This high-to-low spread represents a total annual volatility of 0.0362 ILS. From a start-to-finish perspective, comparing the January average rate of 0.4744 to the December average rate of 0.4661, the exchange rate registered a net change of -1.76% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4917 was down 5.71% compared to the 2023 peak of 0.5215, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 HKD based on timing:

Yearly Peak High 12,292 ILS

2023 Average 11,771 ILS

Yearly Trough Low 11,388 ILS

Transaction Impact: A difference of 904.09 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4867

0.4623

JanuMarcMayJulySeptNove

HKD 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 0.4728, compared to 0.4759 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0031 points.

H1 Avg (Jan–Jun) 0.4728

H2 Avg (Jul–Dec) 0.4759

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0265 ILS (High: 0.4917 / Low: 0.4652). On the other end, May was the most stable month, with a tight range of 0.0118 ILS (High: 0.4801 / Low: 0.4683).

August 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 0.0121 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0121

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.4773) against the same month in 2023 (average: 0.4785), the exchange rate shifted by -0.0012 (-0.24%).

2024 Avg (August) 0.4773

2023 Avg (August) 0.4785

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4853	0.4613	0.4744
February	0.4727	0.4563	0.4659
March	0.4720	0.4555	0.4644
April	0.4886	0.4699	0.4800
May	0.4801	0.4683	0.4739
June	0.4822	0.4691	0.4780
July	0.4828	0.4627	0.4703
August	0.4917	0.4652	0.4773
September	0.4861	0.4656	0.4788
October	0.4913	0.4763	0.4846
November	0.4830	0.4670	0.4782
December	0.4745	0.4584	0.4661