2024 ILS to BIF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
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.
Comparing the value generated converting 5,000 ILS based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |