2024 ILS to SEK Historical Review

YEARLY HIGH

3.1050 SEK

YEARLY LOW

2.6842 SEK

YEARLY AVERAGE

2.8580 SEK

2024 ILS to SEK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ILS to SEK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 3.1050. Conversely, the yearly low was recorded on September 24, dropping to 2.6842.

This high-to-low spread represents a total annual volatility of 0.4208 SEK. From a start-to-finish perspective, comparing the January average rate of 2.7902 to the December average rate of 3.0346, the exchange rate registered a net change of 8.76% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 3.1050 was up 0.62% compared to the 2023 peak of 3.0859, 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 15,525 SEK

2023 Average 14,406 SEK

Yearly Trough Low 13,421 SEK

Transaction Impact: A difference of 2,104.19 SEK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

3.0640

2.7110

JanuMarcMayJulySeptNove

ILS to SEK 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 2.8537, compared to 2.8623 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0085 points.

H1 Avg (Jan–Jun) 2.8537

H2 Avg (Jul–Dec) 2.8623

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.2084 SEK (High: 3.0334 / Low: 2.8249). On the other end, June was the most stable month, with a tight range of 0.0702 SEK (High: 2.8548 / Low: 2.7846).

November Spread (Volatile) ±0.2084

June Spread (Stable) ±0.0702

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.1024 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.1024

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 3.0346) against the same month in 2023 (average: 2.7954), the exchange rate shifted by +0.2392 (+8.56%).

2024 Avg (December) 3.0346

2023 Avg (December) 2.7954

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.8587	2.7333	2.7902
February	2.9041	2.8160	2.8639
March	2.9193	2.7965	2.8702
April	2.9508	2.8331	2.8791
May	2.9395	2.8311	2.9036
June	2.8548	2.7846	2.8153
July	2.9689	2.7854	2.8957
August	2.8603	2.7332	2.7932
September	2.8297	2.6842	2.7404
October	2.8853	2.7077	2.7826
November	3.0334	2.8249	2.9271
December	3.1050	2.9852	3.0346