YEARLY HIGH
0.4770 AZN
YEARLY LOW
0.4436 AZN
YEARLY AVERAGE
0.4595 AZN

2024 ILS to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ILS to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 9, valuing the pair at 0.4770. Conversely, the yearly low was recorded on August 6, dropping to 0.4436.

This high-to-low spread represents a total annual volatility of 0.0334 AZN. From a start-to-finish perspective, comparing the January average rate of 0.4586 to the December average rate of 0.4692, the exchange rate registered a net change of 2.32% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4770 was down 5.62% compared to the 2023 peak of 0.5054, 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 2,385 AZN
2023 Average 2,310 AZN
Yearly Trough Low 2,218 AZN
Transaction Impact: A difference of 166.97 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4710
0.4497
JanuMarcMayJulySeptNove

ILS to AZN 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 0.4601, compared to 0.4589 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 0.4601
H2 Avg (Jul–Dec) 0.4589

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0250 AZN (High: 0.4686 / Low: 0.4436). On the other end, June was the most stable month, with a tight range of 0.0120 AZN (High: 0.4634 / Low: 0.4514).

August Spread (Volatile) ±0.0250
June Spread (Stable) ±0.0120

Growth Streaks & Declines

Trends

Between January and March, 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 March and April, when the average rate fell by 0.0158 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0158

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.4692) against the same month in 2023 (average: 0.4640), the exchange rate shifted by +0.0052 (+1.12%).

2024 Avg (December) 0.4692
2023 Avg (December) 0.4640

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4719 0.4478 0.4586
February 0.4759 0.4598 0.4665
March 0.4767 0.4604 0.4682
April 0.4623 0.4444 0.4524
May 0.4647 0.4526 0.4593
June 0.4634 0.4514 0.4554
July 0.4706 0.4507 0.4629
August 0.4686 0.4436 0.4569
September 0.4682 0.4492 0.4557
October 0.4593 0.4455 0.4515
November 0.4678 0.4526 0.4570
December 0.4770 0.4614 0.4692