YEARLY HIGH
2.3897 SBD
YEARLY LOW
2.1696 SBD
YEARLY AVERAGE
2.2766 SBD

2024 ILS to SBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ILS to SBD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 12, valuing the pair at 2.3897. Conversely, the yearly low was recorded on October 6, dropping to 2.1696.

This high-to-low spread represents a total annual volatility of 0.2202 SBD. From a start-to-finish perspective, comparing the January average rate of 2.2710 to the December average rate of 2.3128, the exchange rate registered a net change of 1.84% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.3897 was down 2.54% compared to the 2023 peak of 2.4520, 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 11,949 SBD
2023 Average 11,335 SBD
Yearly Trough Low 10,848 SBD
Transaction Impact: A difference of 1,100.87 SBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.3432
2.1939
JanuMarcMayJulySeptNove

ILS to SBD 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 2.2894, compared to 2.2638 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0257 points.

H1 Avg (Jan–Jun) 2.2894
H2 Avg (Jul–Dec) 2.2638

Volatility Range Comparison

Volatility

The most volatile month in 2024 was September, with a trading range of 0.1417 SBD (High: 2.3345 / Low: 2.1928). On the other end, May was the most stable month, with a tight range of 0.0628 SBD (High: 2.3213 / Low: 2.2585).

September Spread (Volatile) ±0.1417
May Spread (Stable) ±0.0628

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 0.0748 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0748

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 2.3307) against the same month in 2023 (average: 2.2764), the exchange rate shifted by +0.0543 (+2.39%).

2024 Avg (March) 2.3307
2023 Avg (March) 2.2764

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.3388 2.2185 2.2710
February 2.3767 2.2828 2.3199
March 2.3897 2.2884 2.3307
April 2.3048 2.2155 2.2559
May 2.3213 2.2585 2.2923
June 2.3084 2.2410 2.2668
July 2.3360 2.2373 2.3010
August 2.3363 2.2194 2.2788
September 2.3345 2.1928 2.2360
October 2.2504 2.1696 2.2063
November 2.3070 2.2151 2.2477
December 2.3522 2.2755 2.3128