2024 ILS to RON Historical Review

YEARLY HIGH

1.3403 RON

YEARLY LOW

1.1766 RON

YEARLY AVERAGE

1.2430 RON

2024 ILS to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ILS to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 1.3403. Conversely, the yearly low was recorded on September 21, dropping to 1.1766.

This high-to-low spread represents a total annual volatility of 0.1637 RON. From a start-to-finish perspective, comparing the January average rate of 1.2298 to the December average rate of 1.3112, the exchange rate registered a net change of 6.61% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.3403 was down 1.04% compared to the 2023 peak of 1.3543, 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 6,702 RON

2023 Average 6,212 RON

Yearly Trough Low 5,883 RON

Transaction Impact: A difference of 818.42 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.3222

1.1895

JanuMarcMayJulySeptNove

ILS to RON 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 1.2451, compared to 1.2409 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0042 points.

H1 Avg (Jan–Jun) 1.2451

H2 Avg (Jul–Dec) 1.2409

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0931 RON (High: 1.3075 / Low: 1.2144). On the other end, May was the most stable month, with a tight range of 0.0202 RON (High: 1.2539 / Low: 1.2337).

November Spread (Volatile) ±0.0931

May Spread (Stable) ±0.0202

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 0.0343 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0343

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 1.3112) against the same month in 2023 (average: 1.2422), the exchange rate shifted by +0.0689 (+5.55%).

2024 Avg (December) 1.3112

2023 Avg (December) 1.2422

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.2653	1.2042	1.2298
February	1.2847	1.2489	1.2649
March	1.2858	1.2402	1.2592
April	1.2584	1.2150	1.2344
May	1.2539	1.2337	1.2432
June	1.2505	1.2235	1.2390
July	1.2630	1.2224	1.2478
August	1.2416	1.1879	1.2135
September	1.2410	1.1766	1.2006
October	1.2377	1.1853	1.2128
November	1.3075	1.2144	1.2596
December	1.3403	1.2955	1.3112