YEARLY HIGH
0.2219 GIP
YEARLY LOW
0.1979 GIP
YEARLY AVERAGE
0.2115 GIP

2024 ILS to GIP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ILS to GIP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.2219. Conversely, the yearly low was recorded on September 23, dropping to 0.1979.

This high-to-low spread represents a total annual volatility of 0.0240 GIP. From a start-to-finish perspective, comparing the January average rate of 0.2122 to the December average rate of 0.2185, the exchange rate registered a net change of 2.94% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2219 was down 8.62% compared to the 2023 peak of 0.2428, 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 1,110 GIP
2023 Average 1,093 GIP
Yearly Trough Low 990 GIP
Transaction Impact: A difference of 119.96 GIP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2200
0.2012
JanuMarcMayJulySeptNove

ILS to GIP 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 0.2139, compared to 0.2092 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0047 points.

H1 Avg (Jan–Jun) 0.2139
H2 Avg (Jul–Dec) 0.2092

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0144 GIP (High: 0.2190 / Low: 0.2046). On the other end, June was the most stable month, with a tight range of 0.0042 GIP (High: 0.2128 / Low: 0.2087).

November Spread (Volatile) ±0.0144
June Spread (Stable) ±0.0042

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 August and September, when the average rate fell by 0.0048 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0048

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.2185) against the same month in 2023 (average: 0.2155), the exchange rate shifted by +0.0030 (+1.37%).

2024 Avg (December) 0.2185
2023 Avg (December) 0.2155

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2181 0.2078 0.2122
February 0.2217 0.2143 0.2173
March 0.2216 0.2133 0.2166
April 0.2167 0.2090 0.2127
May 0.2163 0.2111 0.2138
June 0.2128 0.2087 0.2108
July 0.2136 0.2069 0.2116
August 0.2109 0.2044 0.2076
September 0.2098 0.1979 0.2028
October 0.2085 0.1992 0.2036
November 0.2190 0.2046 0.2109
December 0.2219 0.2158 0.2185