YEARLY HIGH
58.8187 GYD
YEARLY LOW
54.5572 GYD
YEARLY AVERAGE
56.5449 GYD

2024 ILS to GYD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ILS to GYD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 13, valuing the pair at 58.8187. Conversely, the yearly low was recorded on August 4, dropping to 54.5572.

This high-to-low spread represents a total annual volatility of 4.2615 GYD. From a start-to-finish perspective, comparing the January average rate of 56.4390 to the December average rate of 57.7187, the exchange rate registered a net change of 2.27% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 58.8187 was down 6.23% compared to the 2023 peak of 62.7291, 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 294,093 GYD
2023 Average 285,494 GYD
Yearly Trough Low 272,786 GYD
Transaction Impact: A difference of 21,307.57 GYD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

57.9314
55.3794
JanuMarcMayJulySeptNove

ILS to GYD 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 56.6248, compared to 56.4650 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1598 points.

H1 Avg (Jan–Jun) 56.6248
H2 Avg (Jul–Dec) 56.4650

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 3.1947 GYD (High: 57.7519 / Low: 54.5572). On the other end, May was the most stable month, with a tight range of 1.4010 GYD (High: 57.1327 / Low: 55.7317).

August Spread (Volatile) ±3.1947
May Spread (Stable) ±1.4010

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 1.9578 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.9578

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 57.6332) against the same month in 2023 (average: 58.2808), the exchange rate shifted by -0.6476 (-1.11%).

2024 Avg (March) 57.6332
2023 Avg (March) 58.2808

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 58.2823 55.1529 56.4390
February 58.5974 56.6171 57.4400
March 58.8187 56.6115 57.6332
April 56.9097 54.8247 55.6753
May 57.1327 55.7317 56.5143
June 57.0297 55.4983 56.0468
July 57.8782 55.4392 56.9539
August 57.7519 54.5572 56.1815
September 57.7070 55.2400 56.0949
October 56.5701 55.0332 55.5921
November 57.6104 55.6583 56.2487
December 58.7608 56.7921 57.7187