YEARLY HIGH
0.2694 EUR
YEARLY LOW
0.2366 EUR
YEARLY AVERAGE
0.2498 EUR

2024 ILS to EUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ILS to EUR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.2694. Conversely, the yearly low was recorded on September 20, dropping to 0.2366.

This high-to-low spread represents a total annual volatility of 0.0328 EUR. From a start-to-finish perspective, comparing the January average rate of 0.2472 to the December average rate of 0.2636, the exchange rate registered a net change of 6.62% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2694 was down 1.77% compared to the 2023 peak of 0.2743, 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 1,347 EUR
2023 Average 1,255 EUR
Yearly Trough Low 1,183 EUR
Transaction Impact: A difference of 164.14 EUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2658
0.2391
JanuMarcMayJulySeptNove

ILS to EUR 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 0.2503, compared to 0.2494 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.2503
H2 Avg (Jul–Dec) 0.2494

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0186 EUR (High: 0.2627 / Low: 0.2441). On the other end, May was the most stable month, with a tight range of 0.0043 EUR (High: 0.2520 / Low: 0.2476).

November Spread (Volatile) ±0.0186
May Spread (Stable) ±0.0043

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 0.0071 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0071

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.2636) against the same month in 2023 (average: 0.2499), the exchange rate shifted by +0.0137 (+5.48%).

2024 Avg (December) 0.2636
2023 Avg (December) 0.2499

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2543 0.2420 0.2472
February 0.2591 0.2509 0.2542
March 0.2586 0.2494 0.2532
April 0.2533 0.2441 0.2482
May 0.2520 0.2476 0.2498
June 0.2512 0.2459 0.2489
July 0.2540 0.2457 0.2509
August 0.2492 0.2387 0.2438
September 0.2494 0.2366 0.2413
October 0.2488 0.2382 0.2437
November 0.2627 0.2441 0.2530
December 0.2694 0.2602 0.2636