2024 ILS to AFN Historical Review

YEARLY HIGH

20.5761 AFN

YEARLY LOW

17.3386 AFN

YEARLY AVERAGE

19.0588 AFN

2024 ILS to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ILS to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 20.5761. Conversely, the yearly low was recorded on October 21, dropping to 17.3386.

This high-to-low spread represents a total annual volatility of 3.2375 AFN. From a start-to-finish perspective, comparing the January average rate of 19.2920 to the December average rate of 19.1612, the exchange rate registered a net change of -0.68% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 20.5761 was down 22.59% compared to the 2023 peak of 26.5820, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 102,881 AFN

2023 Average 112,570 AFN

Yearly Trough Low 86,693 AFN

Transaction Impact: A difference of 16,187.47 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

20.3066

17.5903

JanuMarcMayJulySeptNove

ILS to AFN 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 19.4334, compared to 18.6842 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.7492 points.

H1 Avg (Jan–Jun) 19.4334

H2 Avg (Jul–Dec) 18.6842

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 1.7573 AFN (High: 20.4224 / Low: 18.6651). On the other end, May was the most stable month, with a tight range of 0.6668 AFN (High: 19.6213 / Low: 18.9545).

January Spread (Volatile) ±1.7573

May Spread (Stable) ±0.6668

Growth Streaks & Declines

Trends

Between October and December, 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 September and October, when the average rate fell by 0.8180 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.8180

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 20.0803) against the same month in 2023 (average: 25.3127), the exchange rate shifted by -5.2324 (-20.67%).

2024 Avg (February) 20.0803

2023 Avg (February) 25.3127

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	20.4224	18.6651	19.2920
February	20.5761	19.5765	20.0803
March	20.3640	19.2944	19.8724
April	19.6471	18.8804	19.0995
May	19.6213	18.9545	19.3625
June	19.3483	18.5948	18.8940
July	19.6055	18.7607	19.2693
August	19.5706	18.2983	19.0285
September	19.4544	18.1214	18.6346
October	18.1999	17.3386	17.8166
November	18.7127	17.8115	18.1953
December	19.5616	18.6272	19.1612