YEARLY HIGH
23.8090 BTN
YEARLY LOW
21.8354 BTN
YEARLY AVERAGE
22.6074 BTN

2024 ILS to BTN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ILS to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 9, valuing the pair at 23.8090. Conversely, the yearly low was recorded on April 28, dropping to 21.8354.

This high-to-low spread represents a total annual volatility of 1.9736 BTN. From a start-to-finish perspective, comparing the January average rate of 22.4117 to the December average rate of 23.4464, the exchange rate registered a net change of 4.62% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 23.8090 was down 1.93% compared to the 2023 peak of 24.2766, 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 119,045 BTN
2023 Average 112,122 BTN
Yearly Trough Low 109,177 BTN
Transaction Impact: A difference of 9,867.79 BTN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

23.5735
22.0486
JanuMarcMayJulySeptNove

ILS to BTN 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 22.5141, compared to 22.7007 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1866 points.

H1 Avg (Jan–Jun) 22.5141
H2 Avg (Jul–Dec) 22.7007

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 1.3115 BTN (High: 23.1481 / Low: 21.8366). On the other end, May was the most stable month, with a tight range of 0.3880 BTN (High: 22.7167 / Low: 22.3287).

August Spread (Volatile) ±1.3115
May Spread (Stable) ±0.3880

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 0.6672 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.6672

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 23.4464) against the same month in 2023 (average: 22.7430), the exchange rate shifted by +0.7034 (+3.09%).

2024 Avg (December) 23.4464
2023 Avg (December) 22.7430

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 23.1556 21.9292 22.4117
February 23.2194 22.4485 22.7751
March 23.2347 22.5195 22.8429
April 22.6570 21.8354 22.1756
May 22.7167 22.3287 22.5170
June 22.6500 22.1156 22.3624
July 23.0834 22.1257 22.7568
August 23.1481 21.8366 22.5281
September 23.1301 22.0558 22.4689
October 22.7358 22.0802 22.3294
November 23.2919 22.3853 22.6748
December 23.8090 23.1712 23.4464