2024 ILS to KRW Historical Review

YEARLY HIGH

405.9444 KRW

YEARLY LOW

349.7456 KRW

YEARLY AVERAGE

368.5824 KRW

2024 ILS to KRW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ILS to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 405.9444. Conversely, the yearly low was recorded on September 17, dropping to 349.7456.

This high-to-low spread represents a total annual volatility of 56.1989 KRW. From a start-to-finish perspective, comparing the January average rate of 357.2343 to the December average rate of 397.6321, the exchange rate registered a net change of 11.31% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 405.9444 was up 9.29% compared to the 2023 peak of 371.4484, 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 2,029,722 KRW

2023 Average 1,773,223 KRW

Yearly Trough Low 1,748,728 KRW

Transaction Impact: A difference of 280,994.31 KRW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

401.7374

352.4730

JanuMarcMayJulySeptNove

ILS to KRW 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 365.4591, compared to 371.7056 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 6.2465 points.

H1 Avg (Jan–Jun) 365.4591

H2 Avg (Jul–Dec) 371.7056

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 22.1345 KRW (High: 372.2022 / Low: 350.0678). On the other end, June was the most stable month, with a tight range of 7.9859 KRW (High: 373.9671 / Low: 365.9813).

October Spread (Volatile) ±22.1345

June Spread (Stable) ±7.9859

Growth Streaks & Declines

Trends

Between April and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 13.6207 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -13.6207

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 397.6321) against the same month in 2023 (average: 355.2145), the exchange rate shifted by +42.4176 (+11.94%).

2024 Avg (December) 397.6321

2023 Avg (December) 355.2145

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	366.7275	350.5926	357.2343
February	374.0045	360.4592	365.6875
March	373.4967	358.4812	366.8250
April	371.1786	359.0919	364.4769
May	373.5648	362.1921	368.4457
June	373.9671	365.9813	370.0856
July	382.2129	364.0400	376.4383
August	370.2127	357.4157	362.8176
September	368.4066	349.7456	356.5783
October	372.2022	350.0678	361.7328
November	384.2634	366.4116	375.0345
December	405.9444	383.9982	397.6321