2024 ILS to BGN Historical Review

YEARLY HIGH

0.5248 BGN

YEARLY LOW

0.4625 BGN

YEARLY AVERAGE

0.4886 BGN

2024 ILS to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ILS to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.5248. Conversely, the yearly low was recorded on September 21, dropping to 0.4625.

This high-to-low spread represents a total annual volatility of 0.0623 BGN. From a start-to-finish perspective, comparing the January average rate of 0.4835 to the December average rate of 0.5154, the exchange rate registered a net change of 6.59% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.5248 was down 2.22% compared to the 2023 peak of 0.5368, 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 2,624 BGN

2023 Average 2,456 BGN

Yearly Trough Low 2,313 BGN

Transaction Impact: A difference of 311.46 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.5198

0.4677

JanuMarcMayJulySeptNove

ILS to BGN 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 0.4895, compared to 0.4878 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0017 points.

H1 Avg (Jan–Jun) 0.4895

H2 Avg (Jul–Dec) 0.4878

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0340 BGN (High: 0.5118 / Low: 0.4778). On the other end, May was the most stable month, with a tight range of 0.0081 BGN (High: 0.4927 / Low: 0.4846).

November Spread (Volatile) ±0.0340

May Spread (Stable) ±0.0081

Growth Streaks & Declines

Trends

Between September and December, 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 July and August, when the average rate fell by 0.0139 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0139

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.5154) against the same month in 2023 (average: 0.4889), the exchange rate shifted by +0.0265 (+5.43%).

2024 Avg (December) 0.5154

2023 Avg (December) 0.4889

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4965	0.4738	0.4835
February	0.5063	0.4909	0.4973
March	0.5062	0.4878	0.4953
April	0.4930	0.4778	0.4852
May	0.4927	0.4846	0.4887
June	0.4914	0.4804	0.4868
July	0.4967	0.4805	0.4908
August	0.4878	0.4667	0.4768
September	0.4870	0.4625	0.4720
October	0.4866	0.4659	0.4767
November	0.5118	0.4778	0.4949
December	0.5248	0.5086	0.5154