2024 ILS to SGD Historical Review

YEARLY HIGH

0.3802 SGD

YEARLY LOW

0.3408 SGD

YEARLY AVERAGE

0.3612 SGD

2024 ILS to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ILS to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.3802. Conversely, the yearly low was recorded on October 3, dropping to 0.3408.

This high-to-low spread represents a total annual volatility of 0.0394 SGD. From a start-to-finish perspective, comparing the January average rate of 0.3603 to the December average rate of 0.3729, the exchange rate registered a net change of 3.51% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3802 was down 3.09% compared to the 2023 peak of 0.3923, 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 1,901 SGD

2023 Average 1,824 SGD

Yearly Trough Low 1,704 SGD

Transaction Impact: A difference of 196.89 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3755

0.3448

JanuMarcMayJulySeptNove

ILS to SGD 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 0.3645, compared to 0.3579 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0066 points.

H1 Avg (Jan–Jun) 0.3645

H2 Avg (Jul–Dec) 0.3579

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0198 SGD (High: 0.3704 / Low: 0.3506). On the other end, June was the most stable month, with a tight range of 0.0078 SGD (High: 0.3668 / Low: 0.3590).

November Spread (Volatile) ±0.0198

June Spread (Stable) ±0.0078

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 0.0129 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0129

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.3729) against the same month in 2023 (average: 0.3634), the exchange rate shifted by +0.0095 (+2.62%).

2024 Avg (December) 0.3729

2023 Avg (December) 0.3634

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3683	0.3541	0.3603
February	0.3768	0.3643	0.3691
March	0.3771	0.3633	0.3693
April	0.3679	0.3559	0.3611
May	0.3691	0.3611	0.3649
June	0.3668	0.3590	0.3623
July	0.3714	0.3554	0.3665
August	0.3602	0.3459	0.3535
September	0.3597	0.3411	0.3473
October	0.3572	0.3408	0.3481
November	0.3704	0.3506	0.3593
December	0.3802	0.3684	0.3729