2024 ILS to NOK Historical Review

YEARLY HIGH

3.1763 NOK

YEARLY LOW

2.7464 NOK

YEARLY AVERAGE

2.9062 NOK

2024 ILS to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ILS to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 3.1763. Conversely, the yearly low was recorded on January 11, dropping to 2.7464.

This high-to-low spread represents a total annual volatility of 0.4299 NOK. From a start-to-finish perspective, comparing the January average rate of 2.8046 to the December average rate of 3.0997, the exchange rate registered a net change of 10.52% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 3.1763 was up 5.09% compared to the 2023 peak of 3.0225, 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 15,881 NOK

2023 Average 14,334 NOK

Yearly Trough Low 13,732 NOK

Transaction Impact: A difference of 2,149.61 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

3.1292

2.7750

JanuMarcMayJulySeptNove

ILS to NOK 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 2.8783, compared to 2.9342 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0559 points.

H1 Avg (Jan–Jun) 2.8783

H2 Avg (Jul–Dec) 2.9342

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.2349 NOK (High: 3.0377 / Low: 2.8028). On the other end, June was the most stable month, with a tight range of 0.0778 NOK (High: 2.8857 / Low: 2.8079).

July Spread (Volatile) ±0.2349

June Spread (Stable) ±0.0778

Growth Streaks & Declines

Trends

Between September and December, 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 0.0654 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0654

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 3.0997) against the same month in 2023 (average: 2.8696), the exchange rate shifted by +0.2301 (+8.02%).

2024 Avg (December) 3.0997

2023 Avg (December) 2.8696

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.8899	2.7464	2.8046
February	2.9740	2.8484	2.8954
March	2.9603	2.8726	2.9225
April	2.9818	2.8513	2.9021
May	2.9529	2.8255	2.9015
June	2.8857	2.8079	2.8437
July	3.0377	2.8028	2.9403
August	2.9249	2.8173	2.8749
September	2.9218	2.7671	2.8442
October	2.9622	2.7862	2.8753
November	3.0593	2.9215	2.9704
December	3.1763	3.0398	3.0997