YEARLY HIGH
0.4033 CAD
YEARLY LOW
0.3557 CAD
YEARLY AVERAGE
0.3704 CAD

2024 ILS to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ILS to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.4033. Conversely, the yearly low was recorded on January 17, dropping to 0.3557.

This high-to-low spread represents a total annual volatility of 0.0476 CAD. From a start-to-finish perspective, comparing the January average rate of 0.3619 to the December average rate of 0.3936, the exchange rate registered a net change of 8.78% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4033 was up 0.89% compared to the 2023 peak of 0.3997, 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 2,017 CAD
2023 Average 1,834 CAD
Yearly Trough Low 1,778 CAD
Transaction Impact: A difference of 238.18 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3968
0.3587
JanuMarcMayJulySeptNove

ILS to CAD 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 0.3676, compared to 0.3732 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0056 points.

H1 Avg (Jan–Jun) 0.3676
H2 Avg (Jul–Dec) 0.3732

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0199 CAD (High: 0.3758 / Low: 0.3559). On the other end, May was the most stable month, with a tight range of 0.0088 CAD (High: 0.3741 / Low: 0.3653).

October Spread (Volatile) ±0.0199
May Spread (Stable) ±0.0088

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 March and April, when the average rate fell by 0.0088 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0088

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.3936) against the same month in 2023 (average: 0.3660), the exchange rate shifted by +0.0276 (+7.54%).

2024 Avg (December) 0.3936
2023 Avg (December) 0.3660

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3691 0.3557 0.3619
February 0.3799 0.3641 0.3703
March 0.3808 0.3661 0.3728
April 0.3691 0.3570 0.3640
May 0.3741 0.3653 0.3692
June 0.3722 0.3633 0.3672
July 0.3800 0.3621 0.3735
August 0.3729 0.3598 0.3673
September 0.3716 0.3573 0.3632
October 0.3758 0.3559 0.3655
November 0.3870 0.3693 0.3759
December 0.4033 0.3848 0.3936