YEARLY HIGH
0.5664 BZD
YEARLY LOW
0.5257 BZD
YEARLY AVERAGE
0.5446 BZD

2024 ILS to BZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ILS to BZD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 9, valuing the pair at 0.5664. Conversely, the yearly low was recorded on August 4, dropping to 0.5257.

This high-to-low spread represents a total annual volatility of 0.0407 BZD. From a start-to-finish perspective, comparing the January average rate of 0.5435 to the December average rate of 0.5554, the exchange rate registered a net change of 2.18% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.5664 was down 5.49% compared to the 2023 peak of 0.5993, 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 2,832 BZD
2023 Average 2,737 BZD
Yearly Trough Low 2,628 BZD
Transaction Impact: A difference of 203.60 BZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.5574
0.5337
JanuMarcMayJulySeptNove

ILS to BZD 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 0.5453, compared to 0.5439 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0014 points.

H1 Avg (Jan–Jun) 0.5453
H2 Avg (Jul–Dec) 0.5439

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0307 BZD (High: 0.5564 / Low: 0.5257). On the other end, May was the most stable month, with a tight range of 0.0138 BZD (High: 0.5504 / Low: 0.5366).

August Spread (Volatile) ±0.0307
May Spread (Stable) ±0.0138

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 0.0185 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0185

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.5554) against the same month in 2023 (average: 0.5508), the exchange rate shifted by +0.0046 (+0.84%).

2024 Avg (December) 0.5554
2023 Avg (December) 0.5508

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5611 0.5309 0.5435
February 0.5646 0.5455 0.5533
March 0.5650 0.5450 0.5546
April 0.5479 0.5282 0.5361
May 0.5504 0.5366 0.5443
June 0.5492 0.5350 0.5400
July 0.5571 0.5344 0.5487
August 0.5564 0.5257 0.5413
September 0.5560 0.5322 0.5405
October 0.5450 0.5302 0.5357
November 0.5550 0.5365 0.5420
December 0.5664 0.5455 0.5554