2024 ILS to BOB Historical Review

YEARLY HIGH

1.9416 BOB

YEARLY LOW

1.8021 BOB

YEARLY AVERAGE

1.8681 BOB

2024 ILS to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ILS to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 9, valuing the pair at 1.9416. Conversely, the yearly low was recorded on August 4, dropping to 1.8021.

This high-to-low spread represents a total annual volatility of 0.1395 BOB. From a start-to-finish perspective, comparing the January average rate of 1.8632 to the December average rate of 1.9072, the exchange rate registered a net change of 2.36% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.9416 was down 5.49% compared to the 2023 peak of 2.0544, 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 9,708 BOB

2023 Average 9,384 BOB

Yearly Trough Low 9,011 BOB

Transaction Impact: A difference of 697.41 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.9142

1.8307

JanuMarcMayJulySeptNove

ILS to BOB 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 1.8703, compared to 1.8659 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0044 points.

H1 Avg (Jan–Jun) 1.8703

H2 Avg (Jul–Dec) 1.8659

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.1053 BOB (High: 1.9075 / Low: 1.8021). On the other end, May was the most stable month, with a tight range of 0.0474 BOB (High: 1.8870 / Low: 1.8396).

August Spread (Volatile) ±0.1053

May Spread (Stable) ±0.0474

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 0.0608 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0608

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 1.9072) against the same month in 2023 (average: 1.8883), the exchange rate shifted by +0.0190 (+1.00%).

2024 Avg (December) 1.9072

2023 Avg (December) 1.8883

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.9235	1.8201	1.8632
February	1.9355	1.8766	1.8971
March	1.9369	1.8751	1.9022
April	1.8850	1.8174	1.8414
May	1.8870	1.8396	1.8666
June	1.8825	1.8340	1.8513
July	1.9124	1.8319	1.8813
August	1.9075	1.8021	1.8559
September	1.9060	1.8267	1.8534
October	1.8685	1.8178	1.8376
November	1.9052	1.8395	1.8602
December	1.9416	1.8765	1.9072