2024 ILS to ETB Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 ILS to ETB Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the ILS to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 12, valuing the pair at 35.6228. Conversely, the yearly low was recorded on January 17, dropping to 14.8567.
This high-to-low spread represents a total annual volatility of 20.7661 ETB. From a start-to-finish perspective, comparing the January average rate of 15.2168 to the December average rate of 34.9540, the exchange rate registered a net change of 129.71% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 35.6228 was up 123.46% compared to the 2023 peak of 15.9417, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 ILS based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
ILS to ETB Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 15.4012, compared to 29.0656 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 13.6644 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was August, with a trading range of 9.8429 ETB (High: 30.6247 / Low: 20.7818). On the other end, June was the most stable month, with a tight range of 0.4204 ETB (High: 15.6597 / Low: 15.2393).
Growth Streaks & Declines
TrendsBetween June and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.4784 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2024: 34.9540) against the same month in 2023 (average: 15.3293), the exchange rate shifted by +19.6247 (+128.02%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 15.6763 | 14.8567 | 15.2168 |
| February | 15.8863 | 15.3122 | 15.5399 |
| March | 15.9278 | 15.3620 | 15.6184 |
| April | 15.4567 | 14.8846 | 15.1401 |
| May | 15.6903 | 15.2309 | 15.4876 |
| June | 15.6597 | 15.2393 | 15.4046 |
| July | 20.0576 | 15.2093 | 15.8592 |
| August | 30.6247 | 20.7818 | 27.6937 |
| September | 32.3728 | 29.7958 | 30.9542 |
| October | 32.9439 | 31.4790 | 31.9685 |
| November | 34.7156 | 31.9648 | 32.9643 |
| December | 35.6228 | 34.0371 | 34.9540 |