2024 ILS to GEL Historical Review

YEARLY HIGH

0.7927 GEL

YEARLY LOW

0.7003 GEL

YEARLY AVERAGE

0.7346 GEL

2024 ILS to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ILS to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 6, valuing the pair at 0.7927. Conversely, the yearly low was recorded on April 28, dropping to 0.7003.

This high-to-low spread represents a total annual volatility of 0.0924 GEL. From a start-to-finish perspective, comparing the January average rate of 0.7216 to the December average rate of 0.7768, the exchange rate registered a net change of 7.66% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.7927 was up 0.82% compared to the 2023 peak of 0.7863, 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 3,964 GEL

2023 Average 3,564 GEL

Yearly Trough Low 3,502 GEL

Transaction Impact: A difference of 462.06 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.7833

0.7053

JanuMarcMayJulySeptNove

ILS to GEL 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 0.7308, compared to 0.7383 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0075 points.

H1 Avg (Jan–Jun) 0.7308

H2 Avg (Jul–Dec) 0.7383

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0582 GEL (High: 0.7692 / Low: 0.7110). On the other end, February was the most stable month, with a tight range of 0.0238 GEL (High: 0.7419 / Low: 0.7181).

May Spread (Volatile) ±0.0582

February Spread (Stable) ±0.0238

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 0.0245 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0245

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.7768) against the same month in 2023 (average: 0.7331), the exchange rate shifted by +0.0438 (+5.97%).

2024 Avg (December) 0.7768

2023 Avg (December) 0.7331

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7453	0.7043	0.7216
February	0.7419	0.7181	0.7279
March	0.7519	0.7211	0.7363
April	0.7328	0.7003	0.7118
May	0.7692	0.7110	0.7323
June	0.7758	0.7435	0.7551
July	0.7557	0.7220	0.7446
August	0.7429	0.7045	0.7245
September	0.7409	0.7093	0.7245
October	0.7416	0.7161	0.7243
November	0.7740	0.7242	0.7350
December	0.7927	0.7603	0.7768