2024 ILS to INR Historical Review

YEARLY HIGH

23.8060 INR

YEARLY LOW

21.8022 INR

YEARLY AVERAGE

22.6141 INR

2024 ILS to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ILS to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 9, valuing the pair at 23.8060. Conversely, the yearly low was recorded on April 28, dropping to 21.8022.

This high-to-low spread represents a total annual volatility of 2.0039 INR. From a start-to-finish perspective, comparing the January average rate of 22.4135 to the December average rate of 23.4618, the exchange rate registered a net change of 4.68% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 23.8060 was down 1.86% compared to the 2023 peak of 24.2583, 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 119,030 INR

2023 Average 112,151 INR

Yearly Trough Low 109,011 INR

Transaction Impact: A difference of 10,019.39 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

23.5886

22.0675

JanuMarcMayJulySeptNove

ILS to INR 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 22.5213, compared to 22.7069 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1856 points.

H1 Avg (Jan–Jun) 22.5213

H2 Avg (Jul–Dec) 22.7069

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 1.2212 INR (High: 23.1224 / Low: 21.9012). On the other end, May was the most stable month, with a tight range of 0.5163 INR (High: 22.7235 / Low: 22.2072).

August Spread (Volatile) ±1.2212

May Spread (Stable) ±0.5163

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 0.6719 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.6719

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 23.4618) against the same month in 2023 (average: 22.7216), the exchange rate shifted by +0.7402 (+3.26%).

2024 Avg (December) 23.4618

2023 Avg (December) 22.7216

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	23.0952	21.8989	22.4135
February	23.2126	22.4439	22.7703
March	23.2317	22.5132	22.8661
April	22.6815	21.8022	22.1942
May	22.7235	22.2072	22.5195
June	22.6591	22.1372	22.3639
July	23.1177	22.1313	22.7667
August	23.1224	21.9012	22.5450
September	23.0977	22.0751	22.4662
October	22.7177	22.0200	22.3212
November	23.2702	22.4079	22.6802
December	23.8060	23.1760	23.4618