2024 ILS to HKD Historical Review

YEARLY HIGH

2.1954 HKD

YEARLY LOW

2.0339 HKD

YEARLY AVERAGE

2.1088 HKD

2024 ILS to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ILS to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 1, valuing the pair at 2.1954. Conversely, the yearly low was recorded on August 6, dropping to 2.0339.

This high-to-low spread represents a total annual volatility of 0.1615 HKD. From a start-to-finish perspective, comparing the January average rate of 2.1080 to the December average rate of 2.1456, the exchange rate registered a net change of 1.78% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.1954 was down 5.71% compared to the 2023 peak of 2.3282, 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 10,977 HKD

2023 Average 10,636 HKD

Yearly Trough Low 10,169 HKD

Transaction Impact: A difference of 807.36 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.1629

2.0545

JanuMarcMayJulySeptNove

ILS to HKD 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 2.1157, compared to 2.1019 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0138 points.

H1 Avg (Jan–Jun) 2.1157

H2 Avg (Jul–Dec) 2.1019

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.1156 HKD (High: 2.1495 / Low: 2.0339). On the other end, May was the most stable month, with a tight range of 0.0525 HKD (High: 2.1354 / Low: 2.0829).

August Spread (Volatile) ±0.1156

May Spread (Stable) ±0.0525

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 0.0703 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0703

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 2.1539) against the same month in 2023 (average: 2.1711), the exchange rate shifted by -0.0173 (-0.80%).

2024 Avg (March) 2.1539

2023 Avg (March) 2.1711

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.1680	2.0606	2.1080
February	2.1917	2.1154	2.1466
March	2.1954	2.1187	2.1539
April	2.1279	2.0465	2.0836
May	2.1354	2.0829	2.1102
June	2.1318	2.0736	2.0923
July	2.1613	2.0714	2.1267
August	2.1495	2.0339	2.0955
September	2.1480	2.0574	2.0887
October	2.0995	2.0353	2.0635
November	2.1414	2.0703	2.0916
December	2.1813	2.1074	2.1456