YEARLY HIGH
0.3774 BND
YEARLY LOW
0.3400 BND
YEARLY AVERAGE
0.3611 BND

2024 ILS to BND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ILS to BND exchange rate experienced significant fluctuation. The market reached its absolute peak on March 1, valuing the pair at 0.3774. Conversely, the yearly low was recorded on October 5, dropping to 0.3400.

This high-to-low spread represents a total annual volatility of 0.0374 BND. From a start-to-finish perspective, comparing the January average rate of 0.3600 to the December average rate of 0.3726, the exchange rate registered a net change of 3.49% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3774 was down 3.80% compared to the 2023 peak of 0.3923, 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 1,887 BND
2023 Average 1,823 BND
Yearly Trough Low 1,700 BND
Transaction Impact: A difference of 186.78 BND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3751
0.3451
JanuMarcMayJulySeptNove

ILS to BND 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 0.3644, compared to 0.3579 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0064 points.

H1 Avg (Jan–Jun) 0.3644
H2 Avg (Jul–Dec) 0.3579

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0191 BND (High: 0.3702 / Low: 0.3511). On the other end, May was the most stable month, with a tight range of 0.0078 BND (High: 0.3687 / Low: 0.3609).

November Spread (Volatile) ±0.0191
May Spread (Stable) ±0.0078

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 0.0130 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0130

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.3690) against the same month in 2023 (average: 0.3706), the exchange rate shifted by -0.0016 (-0.42%).

2024 Avg (March) 0.3690
2023 Avg (March) 0.3706

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3676 0.3540 0.3600
February 0.3768 0.3644 0.3690
March 0.3774 0.3632 0.3690
April 0.3666 0.3567 0.3608
May 0.3687 0.3609 0.3650
June 0.3680 0.3575 0.3622
July 0.3723 0.3579 0.3666
August 0.3597 0.3452 0.3536
September 0.3594 0.3409 0.3476
October 0.3579 0.3400 0.3480
November 0.3702 0.3511 0.3593
December 0.3770 0.3679 0.3726