YEARLY HIGH
2.1895 GTQ
YEARLY LOW
2.0211 GTQ
YEARLY AVERAGE
2.0978 GTQ

2024 ILS to GTQ Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ILS to GTQ exchange rate experienced significant fluctuation. The market reached its absolute peak on March 1, valuing the pair at 2.1895. Conversely, the yearly low was recorded on August 4, dropping to 2.0211.

This high-to-low spread represents a total annual volatility of 0.1684 GTQ. From a start-to-finish perspective, comparing the January average rate of 2.1084 to the December average rate of 2.1270, the exchange rate registered a net change of 0.88% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.1895 was down 6.18% compared to the 2023 peak of 2.3338, 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 10,948 GTQ
2023 Average 10,636 GTQ
Yearly Trough Low 10,106 GTQ
Transaction Impact: A difference of 841.92 GTQ purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.1565
2.0460
JanuMarcMayJulySeptNove

ILS to GTQ 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 2.1080, compared to 2.0876 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0204 points.

H1 Avg (Jan–Jun) 2.1080
H2 Avg (Jul–Dec) 2.0876

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.1189 GTQ (High: 2.1775 / Low: 2.0586). On the other end, May was the most stable month, with a tight range of 0.0519 GTQ (High: 2.1212 / Low: 2.0693).

January Spread (Volatile) ±0.1189
May Spread (Stable) ±0.0519

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 0.0773 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0773

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 2.1473) against the same month in 2023 (average: 2.1552), the exchange rate shifted by -0.0079 (-0.37%).

2024 Avg (March) 2.1473
2023 Avg (March) 2.1552

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.1775 2.0586 2.1084
February 2.1860 2.1135 2.1435
March 2.1895 2.1082 2.1473
April 2.1193 2.0321 2.0700
May 2.1212 2.0693 2.0983
June 2.1165 2.0596 2.0807
July 2.1488 2.0597 2.1131
August 2.1352 2.0211 2.0802
September 2.1335 2.0423 2.0737
October 2.0898 2.0348 2.0552
November 2.1247 2.0564 2.0764
December 2.1668 2.0937 2.1270