2024 ILS to GNF Historical Review

YEARLY HIGH

2422.5214 GNF

YEARLY LOW

2246.1636 GNF

YEARLY AVERAGE

2327.4241 GNF

2024 ILS to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ILS to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 9, valuing the pair at 2422.5214. Conversely, the yearly low was recorded on April 27, dropping to 2246.1636.

This high-to-low spread represents a total annual volatility of 176.3579 GNF. From a start-to-finish perspective, comparing the January average rate of 2317.9888 to the December average rate of 2382.1381, the exchange rate registered a net change of 2.77% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2422.5214 was down 6.12% compared to the 2023 peak of 2580.3711, 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 12,112,607 GNF

2023 Average 11,709,115 GNF

Yearly Trough Low 11,230,818 GNF

Transaction Impact: A difference of 881,789.37 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2391.7750

2276.1319

JanuMarcMayJulySeptNove

ILS to GNF 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 2326.1427, compared to 2328.7056 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.5629 points.

H1 Avg (Jan–Jun) 2326.1427

H2 Avg (Jul–Dec) 2328.7056

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 133.3096 GNF (High: 2393.4227 / Low: 2260.1131). On the other end, May was the most stable month, with a tight range of 59.0205 GNF (High: 2347.4506 / Low: 2288.4301).

January Spread (Volatile) ±133.3096

May Spread (Stable) ±59.0205

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 79.9811 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -79.9811

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 2382.1381) against the same month in 2023 (average: 2347.9695), the exchange rate shifted by +34.1686 (+1.46%).

2024 Avg (December) 2382.1381

2023 Avg (December) 2347.9695

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2393.4227	2260.1131	2317.9888
February	2406.9919	2326.0739	2360.8322
March	2411.5981	2324.5865	2365.7500
April	2336.6287	2246.1636	2285.7688
May	2347.4506	2288.4301	2321.5040
June	2344.0402	2284.1486	2305.0123
July	2379.1253	2282.0205	2344.3170
August	2382.3590	2249.4555	2316.1123
September	2379.6577	2280.9098	2316.4169
October	2331.8399	2269.7185	2294.0303
November	2374.8635	2295.4397	2319.2191
December	2422.5214	2347.3974	2382.1381