2024 ILS to ISK Historical Review

YEARLY HIGH

39.0949 ISK

YEARLY LOW

35.5508 ISK

YEARLY AVERAGE

37.2861 ISK

2024 ILS to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ILS to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 12, valuing the pair at 39.0949. Conversely, the yearly low was recorded on October 5, dropping to 35.5508.

This high-to-low spread represents a total annual volatility of 3.5441 ISK. From a start-to-finish perspective, comparing the January average rate of 36.9224 to the December average rate of 38.2779, the exchange rate registered a net change of 3.67% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 39.0949 was down 8.48% compared to the 2023 peak of 42.7185, 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 195,475 ISK

2023 Average 187,355 ISK

Yearly Trough Low 177,754 ISK

Transaction Impact: A difference of 17,720.39 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

38.4717

36.1460

JanuMarcMayJulySeptNove

ILS to ISK 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 37.4113, compared to 37.1609 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2504 points.

H1 Avg (Jan–Jun) 37.4113

H2 Avg (Jul–Dec) 37.1609

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 2.2215 ISK (High: 38.1488 / Low: 35.9273). On the other end, June was the most stable month, with a tight range of 0.7619 ISK (High: 37.5620 / Low: 36.8002).

August Spread (Volatile) ±2.2215

June Spread (Stable) ±0.7619

Growth Streaks & Declines

Trends

Between October and December, 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 July and August, when the average rate fell by 0.4762 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.4762

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 38.2779) against the same month in 2023 (average: 37.6227), the exchange rate shifted by +0.6552 (+1.74%).

2024 Avg (December) 38.2779

2023 Avg (December) 37.6227

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	37.8383	36.1073	36.9224
February	38.7323	37.2045	37.8002
March	38.7258	37.0793	37.7721
April	38.0659	36.6966	37.3184
May	37.8404	36.9545	37.4964
June	37.5620	36.8002	37.1585
July	38.0310	36.6889	37.5000
August	38.1488	35.9273	37.0238
September	38.1275	35.9462	36.7088
October	36.9645	35.5508	36.3398
November	38.0937	36.3474	37.1151
December	39.0949	37.6431	38.2779