2024 ILS to QAR Historical Review

YEARLY HIGH

1.0243 QAR

YEARLY LOW

0.9509 QAR

YEARLY AVERAGE

0.9845 QAR

2024 ILS to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ILS to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 9, valuing the pair at 1.0243. Conversely, the yearly low was recorded on August 6, dropping to 0.9509.

This high-to-low spread represents a total annual volatility of 0.0734 QAR. From a start-to-finish perspective, comparing the January average rate of 0.9825 to the December average rate of 1.0055, the exchange rate registered a net change of 2.33% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.0243 was down 5.70% compared to the 2023 peak of 1.0863, 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 5,122 QAR

2023 Average 4,950 QAR

Yearly Trough Low 4,755 QAR

Transaction Impact: A difference of 367.03 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.0092

0.9643

JanuMarcMayJulySeptNove

ILS to QAR 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 0.9858, compared to 0.9833 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0025 points.

H1 Avg (Jan–Jun) 0.9858

H2 Avg (Jul–Dec) 0.9833

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0554 QAR (High: 1.0149 / Low: 0.9595). On the other end, June was the most stable month, with a tight range of 0.0250 QAR (High: 0.9927 / Low: 0.9677).

January Spread (Volatile) ±0.0554

June Spread (Stable) ±0.0250

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 0.0334 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0334

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 1.0055) against the same month in 2023 (average: 0.9948), the exchange rate shifted by +0.0106 (+1.07%).

2024 Avg (December) 1.0055

2023 Avg (December) 0.9948

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0149	0.9595	0.9825
February	1.0197	0.9853	1.0000
March	1.0209	0.9858	1.0026
April	0.9901	0.9527	0.9692
May	0.9958	0.9698	0.9842
June	0.9927	0.9677	0.9762
July	1.0079	0.9661	0.9923
August	1.0061	0.9509	0.9779
September	1.0038	0.9619	0.9766
October	0.9841	0.9562	0.9681
November	1.0018	0.9693	0.9793
December	1.0243	0.9897	1.0055