YEARLY HIGH
20.2013 GMD
YEARLY LOW
17.7148 GMD
YEARLY AVERAGE
18.5975 GMD

2024 ILS to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ILS to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 9, valuing the pair at 20.2013. Conversely, the yearly low was recorded on January 17, dropping to 17.7148.

This high-to-low spread represents a total annual volatility of 2.4865 GMD. From a start-to-finish perspective, comparing the January average rate of 18.1477 to the December average rate of 19.8207, the exchange rate registered a net change of 9.22% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 20.2013 was up 8.05% compared to the 2023 peak of 18.6970, 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 101,006 GMD
2023 Average 84,585 GMD
Yearly Trough Low 88,574 GMD
Transaction Impact: A difference of 12,432.52 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

19.9963
17.8891
JanuMarcMayJulySeptNove

ILS to GMD 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 18.3214, compared to 18.8736 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5522 points.

H1 Avg (Jan–Jun) 18.3214
H2 Avg (Jul–Dec) 18.8736

Volatility Range Comparison

Volatility

The most volatile month in 2024 was September, with a trading range of 1.3132 GMD (High: 19.4177 / Low: 18.1045). On the other end, June was the most stable month, with a tight range of 0.4727 GMD (High: 18.4695 / Low: 17.9968).

September Spread (Volatile) ±1.3132
June Spread (Stable) ±0.4727

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 0.6371 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.6371

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 19.8207) against the same month in 2023 (average: 18.3842), the exchange rate shifted by +1.4365 (+7.81%).

2024 Avg (December) 19.8207
2023 Avg (December) 18.3842

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 18.6911 17.7148 18.1477
February 19.0302 18.2293 18.5526
March 19.0474 18.3831 18.7018
April 18.4497 17.7547 18.0647
May 18.5250 18.0386 18.3085
June 18.4695 17.9968 18.1531
July 18.7531 17.9608 18.4707
August 19.4328 18.1346 18.7709
September 19.4177 18.1045 18.6514
October 18.8334 17.9342 18.4006
November 19.5383 18.8364 19.1275
December 20.2013 19.4489 19.8207