2024 ILS to CVE Historical Review

YEARLY HIGH

29.4440 CVE

YEARLY LOW

26.1219 CVE

YEARLY AVERAGE

27.5710 CVE

2024 ILS to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ILS to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on December 12, valuing the pair at 29.4440. Conversely, the yearly low was recorded on September 22, dropping to 26.1219.

This high-to-low spread represents a total annual volatility of 3.3221 CVE. From a start-to-finish perspective, comparing the January average rate of 27.2756 to the December average rate of 29.0457, the exchange rate registered a net change of 6.49% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 29.4440 was down 2.45% compared to the 2023 peak of 30.1839, 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 147,220 CVE

2023 Average 138,655 CVE

Yearly Trough Low 130,610 CVE

Transaction Impact: A difference of 16,610.54 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

29.2859

26.4042

JanuMarcMayJulySeptNove

ILS to CVE 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 27.6177, compared to 27.5243 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0934 points.

H1 Avg (Jan–Jun) 27.6177

H2 Avg (Jul–Dec) 27.5243

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 1.9579 CVE (High: 28.9617 / Low: 27.0038). On the other end, May was the most stable month, with a tight range of 0.5601 CVE (High: 27.8784 / Low: 27.3183).

November Spread (Volatile) ±1.9579

May Spread (Stable) ±0.5601

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 0.7320 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.7320

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 29.0457) against the same month in 2023 (average: 27.6122), the exchange rate shifted by +1.4336 (+5.19%).

2024 Avg (December) 29.0457

2023 Avg (December) 27.6122

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	27.9476	26.6985	27.2756
February	28.5820	27.7400	28.0677
March	28.6728	27.4984	27.9575
April	27.9309	26.8539	27.3317
May	27.8784	27.3183	27.5988
June	27.7974	27.0005	27.4749
July	28.1989	27.1248	27.6928
August	27.5642	26.3323	26.9608
September	27.4815	26.1219	26.6443
October	27.5441	26.2660	26.9038
November	28.9617	27.0038	27.8983
December	29.4440	28.6861	29.0457