2024 ILS to KWD Historical Review

YEARLY HIGH

0.0863 KWD

YEARLY LOW

0.0797 KWD

YEARLY AVERAGE

0.0829 KWD

2024 ILS to KWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ILS to KWD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 1, valuing the pair at 0.0863. Conversely, the yearly low was recorded on August 6, dropping to 0.0797.

This high-to-low spread represents a total annual volatility of 0.0066 KWD. From a start-to-finish perspective, comparing the January average rate of 0.0829 to the December average rate of 0.0849, the exchange rate registered a net change of 2.40% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0863 was down 4.90% compared to the 2023 peak of 0.0908, 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 432 KWD

2023 Average 417 KWD

Yearly Trough Low 399 KWD

Transaction Impact: A difference of 32.84 KWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0853

0.0810

JanuMarcMayJulySeptNove

ILS to KWD 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 0.0832, compared to 0.0827 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0832

H2 Avg (Jul–Dec) 0.0827

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0044 KWD (High: 0.0841 / Low: 0.0797). On the other end, May was the most stable month, with a tight range of 0.0018 KWD (High: 0.0839 / Low: 0.0821).

August Spread (Volatile) ±0.0044

May Spread (Stable) ±0.0018

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 0.0027 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0027

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.0846) against the same month in 2023 (average: 0.0848), the exchange rate shifted by -0.0002 (-0.19%).

2024 Avg (March) 0.0846

2023 Avg (March) 0.0848

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0854	0.0811	0.0829
February	0.0862	0.0833	0.0845
March	0.0863	0.0833	0.0846
April	0.0838	0.0805	0.0819
May	0.0839	0.0821	0.0830
June	0.0836	0.0815	0.0821
July	0.0846	0.0813	0.0833
August	0.0841	0.0797	0.0821
September	0.0841	0.0806	0.0818
October	0.0828	0.0802	0.0814
November	0.0846	0.0814	0.0826
December	0.0863	0.0837	0.0849