YEARLY HIGH
830.4391 BIF
YEARLY LOW
751.2836 BIF
YEARLY AVERAGE
779.5519 BIF

2024 ILS to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ILS to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 9, valuing the pair at 830.4391. Conversely, the yearly low was recorded on April 28, dropping to 751.2836.

This high-to-low spread represents a total annual volatility of 79.1555 BIF. From a start-to-finish perspective, comparing the January average rate of 769.5337 to the December average rate of 813.5837, the exchange rate registered a net change of 5.72% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 830.4391 was up 4.00% compared to the 2023 peak of 798.4641, 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 4,152,195 BIF
2023 Average 3,449,746 BIF
Yearly Trough Low 3,756,418 BIF
Transaction Impact: A difference of 395,777.35 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

818.7010
757.2935
JanuMarcMayJulySeptNove

ILS to BIF 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 775.0350, compared to 784.0687 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 9.0338 points.

H1 Avg (Jan–Jun) 775.0350
H2 Avg (Jul–Dec) 784.0687

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 44.8884 BIF (High: 797.3438 / Low: 752.4554). On the other end, June was the most stable month, with a tight range of 20.0746 BIF (High: 783.3031 / Low: 763.2285).

August Spread (Volatile) ±44.8884
June Spread (Stable) ±20.0746

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 25.1797 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -25.1797

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 813.5837) against the same month in 2023 (average: 778.1324), the exchange rate shifted by +35.4513 (+4.56%).

2024 Avg (December) 813.5837
2023 Avg (December) 778.1324

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 792.9135 752.4846 769.5337
February 801.1672 772.1658 784.8332
March 803.9595 774.1749 787.5905
April 778.2046 751.2836 762.4108
May 784.0477 763.6701 775.3000
June 783.3031 763.2285 770.5415
July 795.6545 762.7843 783.9384
August 797.3438 752.4554 774.2016
September 796.0811 765.0994 775.8278
October 785.4785 762.3562 771.5246
November 811.4795 771.8153 785.3364
December 830.4391 802.5753 813.5837