2024 HRK to ILS Historical Review

YEARLY HIGH

0.5604 ILS

YEARLY LOW

0.4926 ILS

YEARLY AVERAGE

0.5315 ILS

2024 HRK to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HRK to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on September 20, valuing the pair at 0.5604. Conversely, the yearly low was recorded on December 18, dropping to 0.4926.

This high-to-low spread represents a total annual volatility of 0.0677 ILS. From a start-to-finish perspective, comparing the January average rate of 0.5369 to the December average rate of 0.5036, the exchange rate registered a net change of -6.21% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.5604 was down 2.62% compared to the 2023 peak of 0.5754, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,802 ILS

2023 Average 2,645 ILS

Yearly Trough Low 2,463 ILS

Transaction Impact: A difference of 338.54 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.5547

0.4989

JanuMarcMayJulySeptNove

HRK 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 0.5303, compared to 0.5327 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0023 points.

H1 Avg (Jan–Jun) 0.5303

H2 Avg (Jul–Dec) 0.5327

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0375 ILS (High: 0.5435 / Low: 0.5060). On the other end, May was the most stable month, with a tight range of 0.0088 ILS (High: 0.5355 / Low: 0.5267).

November Spread (Volatile) ±0.0375

May Spread (Stable) ±0.0088

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 0.0210 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0210

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.5500) against the same month in 2023 (average: 0.5407), the exchange rate shifted by +0.0093 (+1.72%).

2024 Avg (September) 0.5500

2023 Avg (September) 0.5407

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5484	0.5220	0.5369
February	0.5288	0.5122	0.5220
March	0.5320	0.5131	0.5239
April	0.5436	0.5241	0.5348
May	0.5355	0.5267	0.5312
June	0.5395	0.5282	0.5331
July	0.5402	0.5225	0.5290
August	0.5560	0.5319	0.5444
September	0.5604	0.5322	0.5500
October	0.5573	0.5335	0.5445
November	0.5435	0.5060	0.5245
December	0.5102	0.4926	0.5036