2024 ILS to LRD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 ILS to LRD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the ILS to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 12, valuing the pair at 53.8914. Conversely, the yearly low was recorded on November 20, dropping to 48.3140.
This high-to-low spread represents a total annual volatility of 5.5774 LRD. From a start-to-finish perspective, comparing the January average rate of 51.0078 to the December average rate of 49.8400, the exchange rate registered a net change of -2.29% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 53.8914 was up 2.96% compared to the 2023 peak of 52.3418, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 ILS based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
ILS to LRD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 51.9706, compared to 51.4691 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5015 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was November, with a trading range of 2.8768 LRD (High: 51.1907 / Low: 48.3140). On the other end, October was the most stable month, with a tight range of 1.2374 LRD (High: 51.8797 / Low: 50.6423).
Growth Streaks & Declines
TrendsBetween 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 1.6960 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2024: 53.0782) against the same month in 2023 (average: 50.1221), the exchange rate shifted by +2.9562 (+5.90%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 52.3164 | 49.8648 | 51.0078 |
| February | 53.6402 | 51.4559 | 52.2732 |
| March | 53.8442 | 52.1713 | 52.9790 |
| April | 52.4395 | 49.6251 | 51.2830 |
| May | 52.9101 | 51.4931 | 52.2897 |
| June | 52.8391 | 51.5197 | 51.9909 |
| July | 53.8914 | 51.5519 | 53.0782 |
| August | 53.8191 | 51.0914 | 52.5568 |
| September | 53.7808 | 51.6210 | 52.4291 |
| October | 51.8797 | 50.6423 | 51.1768 |
| November | 51.1907 | 48.3140 | 49.7337 |
| December | 50.5294 | 49.0605 | 49.8400 |