2024 ILS to IRR Historical Review

YEARLY HIGH

11808.6321 IRR

YEARLY LOW

10983.1773 IRR

YEARLY AVERAGE

11375.5507 IRR

2024 ILS to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ILS to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 9, valuing the pair at 11808.6321. Conversely, the yearly low was recorded on August 6, dropping to 10983.1773.

This high-to-low spread represents a total annual volatility of 825.4548 IRR. From a start-to-finish perspective, comparing the January average rate of 11340.0616 to the December average rate of 11643.0435, the exchange rate registered a net change of 2.67% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 11808.6321 was down 5.81% compared to the 2023 peak of 12537.6054, 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 59,043,161 IRR

2023 Average 57,351,690 IRR

Yearly Trough Low 54,915,887 IRR

Transaction Impact: A difference of 4,127,273.85 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

11689.1774

11135.5711

JanuMarcMayJulySeptNove

ILS to IRR 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 11382.9503, compared to 11368.1511 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 14.7993 points.

H1 Avg (Jan–Jun) 11382.9503

H2 Avg (Jul–Dec) 11368.1511

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 622.7263 IRR (High: 11605.9037 / Low: 10983.1773). On the other end, May was the most stable month, with a tight range of 301.2124 IRR (High: 11500.4233 / Low: 11199.2108).

August Spread (Volatile) ±622.7263

May Spread (Stable) ±301.2124

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 379.9080 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -379.9080

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 11643.0435) against the same month in 2023 (average: 11526.8294), the exchange rate shifted by +116.2142 (+1.01%).

2024 Avg (December) 11643.0435

2023 Avg (December) 11526.8294

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	11687.3924	11076.6767	11340.0616
February	11766.6821	11369.6665	11537.2502
March	11789.4899	11383.8679	11574.0729
April	11430.1019	10999.1143	11194.1649
May	11500.4233	11199.2108	11370.6050
June	11507.6563	11179.1182	11281.5474
July	11649.7612	11157.5780	11465.5818
August	11605.9037	10983.1773	11314.5541
September	11596.8893	11121.6064	11287.8340
October	11371.7228	11033.9641	11181.7050
November	11581.9316	11207.7952	11316.1879
December	11808.6321	11467.6845	11643.0435